Pay compression is widening the gap between new and existing employees
Business owners have known the value of loyalty for a long time. Similarly,businessesalso know that employee loyalty will help a company advance. So why then did a recent social media post on rewarding existing employees cause such a stir? Netflix increased his salary to match, a practice Sweeney has carried through at Facet. He wrote: 40% off TNW Conference! Dont punish loyal employees for sticking with you by allowing their compensation to fall behind the market....