Many People Have Complained About The Larger Salaries Paid To Top Executives Of Major Companies IELTS Writing Task 2

Collegedunia Team

Jan 11, 2023

Many People Have Complained About The Larger Salaries Paid To Top Executives Of Major Companies Writing Task 2 is an agree-disagree essay and consists of three sample answers. The task requires the candidates to provide a tentative and argumentative answer to the question. The IELTS sample answers - Many People Have Complained About The Larger Salaries Paid To Top Executives Of Major Companies Writing Task 2 comprises parts that provide introduction, body and conclusion. The introduction is a brief description of the topic. The body contains argumentative statements and tentative answers to support the test-taker's perspective. IELTS writing task 2 evaluates candidates based on the knowledge and views they have expressed. Many People Have Complained About The Larger Salaries Paid To Top Executives Of Major Companies Writing Task 2 is measured by the areas like grammar, idealogy, and style. IELTS writing score is marked based on band scores. The band scores range from 0 to 9. Since the topics are very diverse, candidates must go through IELTS Writing practice papers to become familiar with a lot of topics.

Check: Get 10 Free IELTS Sample Papers
Check
: Register for IELTS Coaching - Join for Free Trial Class Now

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.

Band 6.5 IELTS Essay

During the process of hiring any top-level executive at a company, their salaries rise above the industry standard. Additionally, a business typically pays a sizable portion of salaries to a small number of top-level employees only. It occurs because people in those positions must shoulder heavy burdens, make significant decisions, and develop distinctive strategies to produce enormous profits for the organizations they represent, among other things. They deserve a sizable payment for their outstanding contributions to the firm.

The answer is crucial, even though it may seem strange that a high-ranking official should receive a larger salary than the average worker. Ordinary workers typically put in long hours of labor and invest their own money to boost output. Undoubtedly, their work contributes to the company's expansion, but in the end, the higher executives taking certain actions determine the company's future.

From the other side, most workers are unaware of what a top official actually does at work. A top executive's duties may include various things. Those can be overseeing production quality, dealing with prestigious clients, establishing a marketing strategy to compete successfully, planning for future product development, analyzing consumer needs, creating new products, making long-term plans, hiring and firing employees, and more. In truth, handling such responsibilities is not at all simple. There is no routine for a top level employee when the regular employee can have this work end at five pm.

Additionally, the top executive will be held responsible if any of the steps fail, so he must set up alternate plans to deal with such undesirable circumstances. However, it is impossible to expect such specialized outcomes from the regular employees. They are only instructed to finish the production on schedule. If they are given strategic responsibilities, the entire business will fail very quickly. They cannot match the skills, experience, aptitude, and capacity to understand the consequences like the top executives.

When everything is taken into account, it can be clear that hiring top executives with a higher salary is perfectly justified. They keep on working behind the scenes to improve the company and during that they contribute their labor, time, and skills. In actuality, no company can survive in the hypercompetitive market without a top-level employee's scheme or planning and control.

Band 7 IELTS Essay

There is a tendency where many corporations offer their top executives a high salary. Some people claim that it is unfair to all of the company's employees. This essay will explain the cause of this look and examine its plausibility.

They earn a high salary for a variety of reasons. The first justification is that those top executives may have founded the business, owned the shares, or had the power to decide. As a result, when the business gives its stockholders a bonus, they can profit greatly. While those senior executives may have previously worked for big organizations, they can use their relationships, knowledge, and experience to help the company generate a lot of profits that are significantly greater than their salary.

There is another reason why the company paying those senior leaders a high salary is right. It is the way that company owners pay their employees depending on how much money they can bring in. In other words, senior executives can command higher salaries because their skills, knowledge, and connections are clearly superior to those of low-level workers. Meanwhile, grassroots employees may also benefit from the company's growth when senior leaders support the development of the organization.

In conclusion, it can be said that their extremely high salary is reasonable because those executives can contribute to business growth by generating more revenue, which is advantageous to both the company's workers and business owners as well as to themselves.

Band 7.5 IELTS Essay

A lot of people think that executives at big companies get paid extremely too much. This alarming wage gap can be justified because there are not many people who can handle the responsibilities of the positions.

The unjustified pay disparity between executives and other employees is cited by opponents of higher executive salaries. For instance, the typical office worker or cleaner puts in a comparable number of hours, and in some cases, their work may even be more physically demanding. However, CEOs and other executives continue to earn salaries in the tens of millions of dollars each year, regardless of how poorly the company performs or during tough economic times or world level pandemic crisis. Their salaries are so much higher that focusing solely on the number of hours worked is unable to explain the disparity. Therefore, it makes sense to criticise executive compensation and point the finger of blame at corruption.

However, in a perspective, the supply and demand justifies the excessive salaries paid to executives. There is a sizable pool of candidates who could fill the low-paying positions, which is a disconcertingly accurate fact despite its truth. For executives in general and CEOs in particular, this is not true. A CEO needs a solid theoretical foundation (often gained from attending an Ivy League institution), years of relevant experience, an unwavering work ethic, exceptional leadership abilities, and a first-rate comprehension of international economics. Due to the rarity of these skills and traits, employers must compete to hire them by providing the best compensation packages.

In conclusion, even though executive salaries seem excessive, they are the outcome of a logical analysis of supply and demand. The free market capitalist model requires even more significant reforms.

IELTS Writing Samples

*The article might have information for the previous academic years, please refer the official website of the exam.

Comments

No comments to show