Comment by ram_rar

The simplest way to manage pay equity is to at least match current engs salary to new hires for the same level. It baffles me that companies are ready to pay new hires market rates, but not try to retain existing talent by giving them the same $$. This gives very little incentive to stay in the company for long time. Engs are most productive when they stay 2+ yrs in a team. We should incentivize folks to stay longer than that.