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?Why manager take the higher salary
Accountability and responsibility = higher salary
know To How = + higher salary
A higher degree with skills ,qualifications and achevement = ++ higher Salary
Managers' stakes are high as they have to manage multiple resources to achieve their goals and therefore their returns have to be high in the form of salary.
Agreed with both answers given by Mr.:Venkitaraman & Mr.:Faris too for sure
Good answers given by Mr. Ibrahim, and Mr. Venkataraman. Because managers take the responsibility, holds overall accountability so their position is at higher risk comparing to individual contributors. That's why they get paid higher than individual contributors...
Management is not an easy task as many people may think. You have to work hard to get there and when you do, you have to work hard to stay there and if you fail, you will fall hard.
A higher degree is not a ticket to management, but skills and qualifications are.
As a manager, you have the responsibility of the work you do and the work others do (your team). That is a very big risk.
Well I respect the Answer! Degree is Important, Most Important is the experience and that is what is mosty counted in London! With Experience and knowledge you can get in anywhere. :-) x
Because of his higher degree of Accountability and responsibility
Accountability is directly proportional to the salary.
Salary is based on Qualification, Skills and Experience and responsibility. As manager is responsible for the performance of the firm, have relevant skills and vast experience, therefore, he/she rightly get higher salary.
