It is believed that chief executive officers ought to be paid significantly higher salaries by large companies nowadays. As far as I am concerned, I partly agree with the statement for several reasons which will be analyzed in this essay.
On the one hand, CEOs play a critical role in the growth and development of a company, often gaining undeniable benefits. Firstly, it is obvious that the extensive practical experiences acquired by CEOs equip them a lof of adventages in a high level of adaptability and sensitivity in their selection-making. This can be seen a result of the years CEOs gained the new valuable and practical knowledges that they collect in the working environment. Secondly, CEOs are invariably faced with pressure when managing a large amount of work. Therefore, proving them a suitable salary can create a motivation in the working process. Finally, no one can deny that higher positions come greater responsibilities. Hence, CEOs are compulsory good at diverse aspects such as financial management so as to manage the company as well.
On the other hand, there are compelling arguments against the viewpoint of increasing high salaries for CEOs or presidents. First of all, it can be proven that such employees may have a feeling of unfairness. This can lead to minimize the productivity of the company as well as less effective on making jobs. Last but not least, the budget company must to expend a large amount of money to pay Ceos and it sometimes affect badly to the company.
Taking everything into consideration, from the above discussions, personally, the company should balance about salaries between CEOs and other employees. But it is also essential to consider the salaries both of them based on their contribution and achievements before making final decisions.