wage compression
concept
1 mentions
1 recordings
first heard Feb 2022
last heard Feb 2022
±0 this month
phenomenon where new hires earn similar pay to tenured employees
Trend
No mentions in the last 30d.Widen the range to see when wage compression was said.
Moments
newest first · ▶ plays the momentLauren WeberWSJ Your Money Briefing · Why Companies Are Reviewing Pay Raises More Than Once a Year · 6:54 · Feb 2022
…If you are doing regular pay reviews and you're using that to set pay for people that you're hiring, you also have to be really careful that that doesn't create something called wage compression.…
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