Everyone wants and deserves to be compensated fairly for their work, and employers bear responsibility for meeting that need. Unfortunately, 46% of professionals feel they are underpaid at their jobs.
You might be thinking, “If my employee is unhappy and money is the problem, I’ll just give them a raise!” But it is important to consider more than just the wants and needs of the employee who receives the raise. What about that employee’s colleagues? How will they react when they are not given comparable raises? Unexplained differences in pay only stand to cause greater unhappiness and other negative effects on the workplace.