Tag: Minimum Wage Hikes

Pay Compression Amid Minimum Wage Hikes
Jan 20, 2022
Addressing Pay Compression Amid Minimum Wage Hikes: An HR Guide

Many organizations across all sectors are facing a dilemma with the increase of the minimum wage. On the one hand, a pay hike for the lowest-paid workers is necessary to maintain labor market competitiveness as well as keep up with state and federal minimum wage mandates. On the other, compensation structures will be interrupted, potentially […]

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