There are a limited number of people in other countries who earn tremendous compensations from their high-paying jobs. Although it is considered by a few people as an economic advantage for a country, others believe that a salary limit should be imposed in order for the government to control the amount of salary a person can earn. In my opinion, whilst acknowledging that there are a few benefits in controlling the income in a society, high salary is also beneficial for a country as it means that people will have higher purchasing power and it can be determining factor to retain talented and highly skilled workers in the country.
Professionals who earn huge amount of income tend to have more advantage in living a comfortable lifestyle. As their income is more than the regular salary of a mere employee, the division in social status is more evident than usual. For example, people who have great amount of money has more control and influence towards the society, and most often the not, there are certain aspects in modern culture that will always be advantageous for them. It is for this reason why other people believe that the government should control the salaries and income of all its citizens to ensure that opportunities and wealth are evenly distributed to the community. In addition, capping high salaries will prevent the rich people from gaining unfair control in our society.
On the other hand, highly skilled professionals who earn more than the median income can also give exponential benefits for a country. Professional skilled workers whose salaries are extremely high can help the economy to grow further as they do not see the need to migrate to other countries. Furthermore, people who earn more money means they have higher purchasing power to support small and medium enterprises. As a result, the economy will prosper and become stronger as the supply and demand of buying services and goods are properly met. To illustrate, when the purchasing power increases, the prices of consumer goods and services decrease as well.
To conclude, although several people believe that government should impose salary limit to all individuals, it is still more beneficial if we allow people to be paid well in their chosen careers as this will have a positive impact to the economy. I believe that high-paying individuals will help the economy significantly as they have greater ability to buy goods and services that help enterprises to grow. Moreover, highly-skilled professionals who are being paid well in their own land can help contribute to the advancement and development of the country.
There are a limited number of
people
in
other
countries
who
earn
tremendous compensations from their high-paying jobs. Although it
is considered
by a few
people
as an economic advantage for a
country
, others
believe
that a
salary
limit should
be imposed
in order for the
government
to
control
the amount of
salary
a person can
earn
. In my opinion, whilst acknowledging that there are a few benefits in controlling the
income
in a society, high
salary
is
also
beneficial for a
country
as it means that
people
will have higher purchasing power and it can be determining factor to retain talented and
highly
skilled workers in the country.
Professionals
who
earn
huge amount of
income
tend to have more advantage in living a comfortable lifestyle. As their
income
is more than the regular
salary
of a mere employee, the division in social status is more evident than usual.
For example
,
people
who
have great amount of money has more
control
and influence towards the society, and most
often
the not, there are certain aspects in modern culture that will always be advantageous for them. It is
for this reason
why
other
people
believe
that the
government
should
control
the
salaries
and
income
of all its citizens to ensure that opportunities and wealth are
evenly
distributed to the community.
In addition
, capping high
salaries
will
prevent
the rich
people
from gaining unfair
control
in our society.
On the
other
hand,
highly
skilled professionals
who
earn
more than the median
income
can
also
give exponential benefits for a
country
. Professional skilled workers whose
salaries
are
extremely
high can
help
the
economy
to grow
further
as they do not
see
the need to migrate to
other
countries
.
Furthermore
,
people
who
earn
more money means they have higher purchasing power to support
small
and medium enterprises.
As a result
, the
economy
will prosper and become stronger as the supply and demand of buying services and
goods
are
properly
met. To illustrate, when the purchasing power increases, the prices of consumer
goods
and services decrease
as well
.
To conclude
, although several
people
believe
that
government
should impose
salary
limit to all individuals, it is
still
more beneficial if we
allow
people
to
be paid
well in their chosen careers as this will have a
positive
impact to the
economy
. I
believe
that high-paying individuals will
help
the
economy
significantly
as they have greater ability to
buy
goods
and services that
help
enterprises to grow.
Moreover
,
highly
-skilled professionals
who
are
being paid
well in their
own
land can
help
contribute to the advancement and development of the
country
.