In the economic structures of many countries in the world, it is observed that a huge deviation exists a
the salary structure of the employees. Some employees usually earn extremely high salaries, whereas, many others have lower pay scales. Some people consider it a positive sign f
and proclaim that
should have l
, in our country, unfortunately, a large number of rich and poor. Inequality of property increases every year. Due to the fact that new people who are more familiar with positions with a large salary appear, they move from one position to another and do not give anyone a place.
, many people believe that there has to be a limit over the remunerations paid to employees and
should back the same.
, by sealing the pay scale or by limiting the amount, almost all the employees of any organization would be benefited as the pay scale of the people with lower salaries will be improved.
Of course, income disparity is not a good thing. It makes the poor feel inadequate. But at the same time, it encourages many of them to work harder and earn more. As human beings, we have a natural tendency to want more. We get inspired by the affluent lifestyle of the rich and want to be like them.
human desire to improve their living standards is the factor that drives all economies. The
can certainly do something to lessen the disparity.
, it can impose higher taxes on rich people. It can
launch welfare schemes for the poor. By offering free education and health care for people living below the poverty line, the
can put them in a position to work and earn.
To conclude, capping salaries is not the solution for income disparity.
should empower the poor people and help them earn a good salary by offering them free education and training.
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