Does Salary Benchmarking Hurt Workers’ Pay?
The Horizons Tracker
APRIL 13, 2023
In many ways, this is not new, however, with bigger firms often using aggregated data to get a sense of the going rate for talent in a practice known as salary benchmarking. A recent study from Berkeley Haas explores the impact salary benchmarking has on workers. This corresponds to a fall of around 25%.
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