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Knowing Everyone’s Salaries Can Light a Fire Under Workers

wsj 4 min read . Updated: 28 Mar 2023, 08:13 PM IST The Wall Street Journal
Many banks exempt salary accounts from maintaining a minimum balance. Photo: MintPremium
Many banks exempt salary accounts from maintaining a minimum balance. Photo: Mint

Seeing a career path to advancement—and believing the process is fair—motivates employees, studies show

Increased pay transparency leads employees to work harder, as long as they believe the pay system is fair, according to several new studies.

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