Pay Compression—Is It Losing You Talent? | BerniePortal

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In today’s competitive job market, retaining and attracting top talent is crucial for any company’s success. However, one of the most significant obstacles to achieving this goal is pay compression. This term refers to a group of employees making the same income regardless of tenure or skill. This practice impacts employees’ morale and costs companies valuable talent. 

Read on to learn about pay compression, how it may prevent you from retaining top talent, and how you can combat it. 

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