Paying Skilled Workers [...]

Unfortunately, our research does not provide an explanation for why wages do not reflect relative labor market conditions across occupations or skills. However, the data clearly indicates that wages for workers with scarce skills are too low compared to wages for workers with a more abundant skill set. It would seem that this provides a profitable opportunity for companies that are able to be flexible in their compensation policy. By paying more for certain skills, an employer would have no trouble attracting workers with those skills in sufficient quantity and quality, giving the company an undeniable edge over its competitors. (Source)

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