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Understanding Salary Compression: Giving Everyone Their Fair Share

Posted by Team Salary on Jul 20, 2016 3:00:00 PM

Determining appropriate salary for your employees continues to be one of the most challenging aspects of compensation – a field already characterized by numerous complexities – especially during times of perpetual 3 percent increase budgets. But one of the most common challenges is salary compression, or when new hires or newly promoted employees are paid at levels similar to or higher than what your current employees in the same role make. Needless to say, this can be perceived as unfair by those experienced workers who see new hires – often recent college grads – or newly promoted employees taking home a bigger paycheck.

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Topics: salary compression, compensation

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Welcome to The Compensation Crusader Blog. At Salary.com, our passion is delivering innovative compensation data and software products for our comp-focused customers who love using them! Join the conversation as we discuss the latest in compensation best practices and industry trends.

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