Question: Henry has been working as a quality control engineer at this company for 30 years now. They hire a new quality control engineer, and Henry

Henry has been working as a quality control engineer at this company for 30 years now. They hire a new quality control engineer, and Henry is not happy when he discovers that this new person is making almost as much as he does. Such a scenario illustrates the concept of:

Group of answer choices

Salary plateau

Hour-glass wage effect

Compensation compression

Wage compression

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