You should spend about 40 minutes on this task.
Write about the following topic:
Many people have complained about the large salaries paid to top executives of major companies. Why do you think top executives are so well paid? Do you think their large salaries are justified?
Give reasons for your answer and include any relevant examples from your own knowledge or experience.
You should write at least 250 words.
When it is about the recruitment of any top-level executive at a company, their salaries become higher than the average. Besides, a company usually pay a large percentage of their salary only to a handful of top level employees. It happens as individuals holding those posts have to take great responsibilities, make big decisions, possess their unique ways to generate incredible profit for the company they are working for and so on. I think that they deserve a high payment for their unparalleled contributions to the company.
It may sound weird that a top official should get a large payment than the ordinary employees but the answer is critical. Generally, the ordinary employees work hard for hours and invest their manual labour to increase the production level. Certainly, their labour counts for the company’s growth but at the end of the day, the decision made by the higher executives determines the fate of the company.
On the other side, the job of a top official is mostly invisible to the ordinary workers. The job responsibilities of a top executive may range from controlling the quality of production to dealing with the prestigious clients, setting up the marketing strategy for survival in competition, planning for future product development, analysing the consumers’ needs, inventing newer products, making future plans, hiring and firing employees, tackling the market inflation and more. Actually, bearing such responsibilities is not an easy task indeed. When an ordinary employee’s responsibility ends when the clock ticks to 5, there is no schedule for a top level employee.
Moreover, if any of the steps turn into a failure, the top executive is to be liable, and so, he has to set some other strategies to overcome such unwanted situations. But expecting such fine-tuned results from the ordinary employees is impossible. They are only trained to complete the production in time. If they are assigned with strategic roles, the entire company will collapse within a short span of time. They lack the experience, skills and foreseeing capacities like the top executives.
All things considered, I think hiring top executives with a larger salary is truly justified. They invest their labour, time and skills to improve the company’s condition and remain behind the screen. In fact, without top level employee’s strategy or effective planning, it is not possible for any company to sustain in the competitive market.