Balancing the Pay Scale: ‘Fair’ vs. ‘Unfair’ [Archive.org URL]

Whether you are a shelf stocker at Walmart or an equity analyst at an investment bank, you may feel that you are not adequately compensated for the work you do — in other words, you are underpaid. But underpaid relative to what? How do employers determine whether compensation is fair, and if it’s not, what consequences can that have for the organization?

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