“In my day, you could get a candy bar for a nickel!”    Different generations have different reference points when it comes to money in general and compensation in particular. And those perceptions play a big role in recruitment and retention of employees.     It’s wise to be aware of your own bias when it comes to matters of compensation. This is true whether you’re in a position to set pay rates for others or you’re simply in a position of working for pay that is set by others.   The market matters more than your feelings. Also, demonstrated competency matters more than your feelings.    Take a look around. See what the fair market value is for your work or the work you’re hiring others to do.  Find Us Online: BrosPodcast.com - LinkedIn - Youtube - Instagram - Facebook - Eddie's LinkedIn - Tyler's LinkedIn If you enjoy the podcast, please rate us on Apple Podcasts or wherever you listen to us! Thanks for listening! 

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