Wage compression occurs when new employees require higher starting pay than the historical norm,causing narrowing of the pay gap between experienced and new employees.

Name: Wage compression occurs when new employees require higher starting pay than the historical norm,causing narrowing of the pay gap between experienced and new employees.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Wage compression occurs when there is a higher starting pay for new employees, which narrows the gap between experienced and new employees.

Wage Compression Occurs When New Employees Require Higher Starting Pay