For some time now, it has become a topic of debate as a section of the society believes that paying excessively to the senior-most staff of an organization is completely acceptable, whereas others hold a view that this is not fair to the junior workers. In my opinion, I completely agree that huge compensation to executives should be regarded positively.
On the one hand, many have valid arguments against higher salaries to executive-level employees. First and foremost, everyone in a firm works around 9 hours a day, that is the reason everyone should be paid accordingly. This is because as per the IT markets' standard, employees on each level have to clock at least 45 hours per week regardless of their positions and Infosys is the prime example of this. Besides this, without any effort of the workforce on lower positions, seniors can not drive a company because most of the technical work is done by the juniors and higher-level employees just deliver that to clients. Furthermore, employees with less experience have also invested a prodigious amount of money and time to acquire the required experience and educational degree; thus, attractive salaries to seniors is not a fair process followed by companies.
On the other hand, people who advocate the view that higher salaries to directors and VPs have certain reasons behind their thinking. Firstly, running a firm smoothly requires a team of workers with extensive experience and knowledge about different industries to deal with numerous international clients and to crack any deal in no time. These senior-most people have been working in different sectors since ages so their experience and work commitments should be compensated with handsome salaries. Besides this, if a director fails at any point of time means the entire organization would suffer. Mahindra Satyam, for example, has a similar story where CFO failed to run the company as a result, lower staff had to suffer as they were terminated. Therefore, I wholeheartedly agree that the attractive remuneration to directors is completely fair and the right approach.
To conclude, although many still argue that paying excessive salaries to the top-most worker is unfair to juniors, I am completely convinced that this is definitely a fair option as these people are behind running the business properly and due to this the workers on lower positions are earning.
For
some
time
now
, it has become a topic of debate as a section of the society believes that paying
excessively
to the senior-most staff of an organization is
completely
acceptable, whereas others hold a view that this is not
fair
to the junior
workers
. In my opinion, I
completely
agree
that huge compensation to executives should
be regarded
positively
.
On the one hand,
many
have valid arguments against higher
salaries
to executive-level
employees
.
First
and foremost, everyone in a firm works around 9 hours a day,
that is
the reason everyone should
be paid
accordingly
. This is
because
as per the IT markets' standard,
employees
on each level
have to
clock at least 45 hours per week regardless of their positions and
Infosys
is the prime example of this.
Besides
this, without any effort of the workforce on lower positions, seniors can not drive a
company
because
most of the technical work
is done
by the juniors and higher-level
employees
just
deliver that to clients.
Furthermore
,
employees
with less
experience
have
also
invested a prodigious amount of money and
time
to acquire the required
experience
and educational degree;
thus
, attractive
salaries
to seniors is not a
fair
process followed by
companies
.
On the other hand
,
people
who advocate the view that higher
salaries
to directors and VPs have certain reasons behind their thinking.
Firstly
, running a firm
smoothly
requires a team of
workers
with extensive
experience
and knowledge about
different
industries to deal with numerous international clients and to crack any deal in no
time
. These senior-most
people
have been working in
different
sectors since ages
so
their
experience
and work commitments should
be compensated
with handsome
salaries
.
Besides
this, if a director fails at any point of
time
means the entire organization would suffer. Mahindra
Satyam
,
for example
, has a similar story where CFO failed to run the
company
as a result
, lower staff had to suffer as they
were terminated
.
Therefore
, I
wholeheartedly
agree
that the attractive remuneration to directors is
completely
fair
and the right approach.
To conclude
, although
many
still
argue that paying excessive
salaries
to the top-most
worker
is unfair to juniors, I am
completely
convinced that this is definitely a
fair
option as these
people
are behind running the business
properly
and due to this the
workers
on lower positions are earning.