Why Equity in Compensation Matters

Do you compensate your employees fairly?

Answering that question is not as simple as you might think. There are a variety of ways it could be interpreted. The question could pertain to the policies and procedures used to make compensation decisions. It could be asking about the actual compensation outcomes. Or it could relate to how each employee feels about the compensation decision-making process, his or her actual compensation outcome, what information was communicated about the decision-making process and compensation outcome, and how that information was communicated.

One way to approach the concept of ...

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