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recruiting 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 its hard for employers to stay competitive in the current market for talent and inflation certainly isnt helping thats why employers should be aware of pay compression which happens when those hiring pressures undermine retention efforts in this episode well cover what pay compression is including what employers can and cannot do to address it by the end youll have a better understanding of how transparent compensation practices can help you build a fair workplace that attracts and retains top talent well discuss the problem with pay compression what employers cannot do about pay compression and how to fix pay compression lets dive in the problem with pay compression pay compression occurs when there is little or no difference in pay among employees despite factors that should make a difference such a