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by ra1n85
2972 days ago
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Fascinating. A hard ratio seems fair minded, but seemed to have failed here because I think there was a misunderstanding around compensation. Compensation is a product of many variables including value created for the company and supply/demand for skillset/talent. As a business climbs the value chain or seeks to hire and compensate those that create greater amounts of value, and it maintains a compensation ratio, it must seek to increase the value produced by the lowest earners (or lose business to competition). |
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