It is arguably that whether large companies should pay significantly higher salaries to their CEOs or company managers compared to other staff members. As far as I am concerned, I partly agree with the statement for several reasons which will be analyzed in this essay.
One the one hand, employers play a critical role in the growth and development of the company. It is undeniable that the practical experience acquired by the CEOs and their high level of adaptability and responsibility for decision-making make them irreplaceable in the improvement of the company. This is the result of the years spent gaining valuable knowledge that they collect while working in their specialties. Therefore, high salaries are recognitions for their undoubtable efforts, responsibilities and hard-working.
On the other hand, there are arguments against the viewpoint of high payments for CEOs or presidents as it creates inequality among employees. They argue that these ordinary workers are compensated less despite their essential roles in completing daily operations and achieving company goals. This issue can lead to a sense of unfairness and demotivation, decreasing company productivity. Moreover, focusing on high compensation will interest more employees, which would benefit for the company on the long run.
In conclusion, the debate about compensation is complex and multifaceted. While higher salaries for managers may be appropriate in certain contexts, it is crucial to promote a fair and equitable work environment that values the contributions of all employees, no matter of their positions and roles in the company.