The note about wages is true except in the case that your employee can make more elsewhere. Recognition is important to good employees, and failing to recognize their value is insulting.
I have worked at places where latter hires made more than former hires (same equity), this disgruntled the former hires and there was a loss of experienced people. Simply bumping people up to the company average could have retained their better employees.
I have worked at places where latter hires made more than former hires (same equity), this disgruntled the former hires and there was a loss of experienced people. Simply bumping people up to the company average could have retained their better employees.