rparts."2 This is a tremendous difference, when one considers that these people aredoing the same job. This contrast in salaries leads one to ask the question: Why doAmericans earn so much more? The quality of work is not an issue. There are many quitesuccessful businessmen in Britain, as there are in America. It is not a question of talent,because if a person can be successful in one field or situation, then they will most likely beable to cross it over into another area. In other words, if a businessman is able to besuccessful in Britain, then they will presumably be able to succeed in America. The reasonwhy Americans are paid more is really quite simple. America does things on a much largerscale than other countries. This does not only concern salaries, but just about all otherfields as well. The problem is not finding qualified people that will work for lower wages. However, it is more an issue of companies realizing the magnitude of the job being done,and rewarding the employee with an amount of money that they deserve. This is anacknowledgment by businesses, that CEOs of companies should be getting the pay thatthey get.If a company in America wanted to, they could easily hire an executive from anothercountry at a lower rate. In fact, many workers from other countries are hired. However,when this happens, it is not a decision designed to save money. It is a decision that ismeant only to bring in quality workers. The new employees are usually started off with an"American" level of pay. It is the company, not the worker, that is responsible for highwages. This negates the idea that quality workers can not be found at a reasonable rate. It is the decision of the company to pick pay rates that are high, rather than a result ofworker demands. If people in the industry decided that executives were not worth themoney that they earn, it is up to them to lower their pay.Pay Should Reflect PerformanceNow that is has been established that CEO...
