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The Problem With Pay Compression (–and How to Fix It)

The Problem With Pay Compression (–and How to Fix It)

Recruitment and retention strategies often go hand in hand. After all, the same perks, benefits, and initiatives that attract new talent usually improve employee satisfaction, too. Still, it’s hard for employers to stay competitive in the current market for talent, and inflation certainly isn’t helping.



The Problem with Pay Compression

That’s why employers should beware of pay compression, which happens when those hiring pressures undermine retention efforts. In this episode of HR Party of One, Elisabeth will explain what pay compression is, including what employers can—and cannot—do to address it. By the end of this episode, you’ll have a better understanding of how transparent compensation practices can help you build a fairer workplace that attracts and retains top talent.


Additional Resources

You can stay informed, educated, and up-to-date with important HR topics using BerniePortal’s comprehensive resources:

  • BerniePortal Blog—a one-stop-shop for HR industry news
  • HR Glossary—featuring the most common HR terms, acronyms, and compliance
  • HR Guides—essential pillars, covering an extensive list of comprehensive HR topics
  • BernieU—free online HR courses, approved for SHRM and HRCI recertification credit

HR Party of One—our popular YouTube series and podcast, covering emerging HR trends and enduring HR topics

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