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Narrowing pay ratios between jobs or pay grades in a firm's pay structure

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  1. 5 May, 20:59
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    It's called pay compression.

    One of the example of pay compression is when the pay of a new employee is almost the same with the pay of more experienced and skilled old employee.

    Since a lot of companies are using these method to compress salary expense, these become one of the biggest issue in workers front
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