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This #TBT post is from 10 years ago. A different time. I do think some companies continue to pay some of their employees too much, but most do not, Hint: If you’re struggling to hire, you are not paying your employees too much.
Figuring out salaries can be one of the most complex jobs in running a small business. Your competitors aren’t likely to respond to your phone calls asking how much they are paying their people, and salary surveys (which can be helpful) don’t often cover the multi-tasking required in a business with fewer than 20 people. (After