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Podcast: Construction Brothers
Episode: Money | 5 Minute Friday
Description: “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 tha...