A topic like really high incomes, which was always debatable, has now become more controversial. It sparked the controversy in recent years as many people has different opinions and some agree with high salaries, while others think that these incomes are not justified in any way.
This essay will discuss the both sides of the coin and reach to a fair conclusion based on facts and arguments.
At the outset, there are numerous reasons why people think that the government should be involved in setting a limit on how much money an employee can earn, however the most conspicuous lies in the fact that there should be a balance between salaries and not a big gap, as most of the CEOs or politicians have unjustified salaries. As an example, in Romania politicians have incomes of millions of dollars, while the minimum economy salary is of a couple of hundred dollars and people can barely survive with what they earn. Also, the social gap is very high and the middle class earnings have disappeared completely in the last decade, therefore there are just rich and poor people.
Are high salaries good for a country's economic development?
Some people think that this is a way of measuring how well developed a country is and that no one should interfere with how much money someone can earn. If the employee is worth enough money to have a well-paid salary this should not represent an issue for anyone. For instance, some companies have a shortage of skilled workers and they have to find employees overseas and offer them good salary packages and relocation offers as well. In this way the company and the country will benefit in the long term; as the economy might bloom and also the company can have innovative products.
From what has been discussed above, it can be concluded that justified high salaries should not be a problem, however the government should intervene and reduce the extremely incomes which are earned without any justification.
A topic like
really
high
incomes
, which was always debatable, has
now
become more controversial. It sparked the controversy in recent years as
many
people
has
different
opinions and
some
agree
with
high
salaries
, while others
think
that these
incomes
are not justified in any way.
This essay will discuss the both sides of the coin and reach to a
fair
conclusion based on facts and arguments.
At the outset, there are numerous reasons why
people
think
that the
government
should
be involved
in setting a limit on how much money an employee can earn,
however
the most conspicuous lies in the fact that there should be a balance between
salaries
and not a
big
gap, as most of the CEOs or politicians have unjustified
salaries
. As an example, in Romania politicians have
incomes
of millions of dollars, while the minimum economy
salary
is of a couple of hundred dollars and
people
can
barely
survive with what they earn.
Also
, the social gap is
very
high
and the middle
class
earnings have disappeared completely in the last decade,
therefore
there are
just
rich and poor
people
.
Are
high
salaries
good
for a country's economic development?
Some
people
think
that this is a way of measuring how
well developed
a country is and that no one should interfere with how much money someone can earn. If the employee is worth
enough
money to have a well-paid
salary
this should not represent an issue for anyone.
For instance
,
some
companies
have a shortage of skilled
workers and
they
have to
find employees overseas and offer them
good
salary
packages and relocation offers
as well
. In this way the
company
and the country will benefit in the long term; as the economy might bloom and
also
the
company
can have innovative products.
From what has
been discussed
above, it can
be concluded
that justified
high
salaries
should not be a problem,
however
the
government
should intervene and
reduce
the
extremely
incomes
which
are earned
without any justification.