Large salaries paid to top executives of major companies


WRITING TASK 2

You should spend about 40 minutes on this task.

Present a written argument or case to an educated reader with no specialist knowledge.

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.

Write at least 250 words.


Sample Answer:

There are several reasons why top executives of major companies are so well paid. Firstly, these executives are responsible for making crucial decisions that can have a significant impact on the success or failure of a company. They are often required to work long hours and make tough decisions under high levels of pressure. As a result, their salaries reflect the level of responsibility and stress that comes with their positions.

Secondly, top executives are often highly skilled individuals with years of experience and expertise in their respective industries. Their knowledge and expertise are valuable assets to the companies they work for, and their salaries are often reflective of the value they bring to the table.

Furthermore, the salaries of top executives are often determined by the principles of supply and demand. There is a limited pool of individuals with the skills and experience necessary to lead major companies, and as a result, companies are willing to pay top dollar to attract and retain top talent.

In terms of whether their large salaries are justified, it is a complex issue with valid arguments on both sides. On one hand, the success of a company is often heavily reliant on the decisions made by its top executives. A capable and effective executive can lead a company to great success, and their high salary can be seen as a reflection of the value they bring to the company.

On the other hand, there are concerns about income inequality and the disparity between the salaries of top executives and the average worker. Many people feel that the large salaries of top executives are excessive and unjustified, especially when compared to the wages of lower-level employees.

In conclusion, the large salaries of top executives are a result of the level of responsibility, expertise, and demand for their skills. While there are valid arguments on both sides of the issue, the justification of their salaries ultimately depends on the individual’s perspective and values.


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