In this modern era, in numerous number of nations seniors get paid higher as compared to juniors working in the similar firm. Some likeminded people thought that this is an unfair approach. While, juniors should be paid equally as they have better decision making, but, the knowledge of an experienced worker is more important and they also have more responsibilities as compared to juniors. So, the agreements points of this notion are overweighing its disagreement points.
The knowledge of an experienced employee is valued by the company. To elaborate this, senior employees have higher knowledge and experience as compared to interns. They have better decision making skills, so, they can help company better when company is facing a downturn. As a result and senior knows the results of their action and they can predict results which help a firm in decision making. Furthermore, leading roles have increased responsibilities and accountability than freshers. Everyday a senior manager have to suffer from mental pressure. They have to plan, organize, direct and control everyday tasks and have a pressure to meet goals of the company in a specific period of time. They assign tasks to their team and have to take regular feedback. As a result a senior positioned employee has to work hard and they suffer from health concerns.
In addition to this, freshers are the liability for the organization. In simple words, company has to expend money on new hired to train them. As the recently graduated does not have experience and knowledge about practical work exposure. The HR department has to train that employee which affects the productivity of the company. However, this may affect the morale of employee. To elaborate this, due to the income gaps between them young employees may get unsatisfied from their work which affects their productivity. Motivation is important factor that encourage an employee to work harder.
In conclusion, I want to maintain that senior employee get higher salary due to their knowledge and experience but the income gap affect the morale of employee.
