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Posted by on Monday, November 19, 2012 at 4:01am.

Consider the fact that during the past few years, many firms have laid off thousands of workers, frozen employee pay and eliminated or reduced bonuses. Yet at the same time many of these firms have retained "key employees" and CEOs by giving them huge compensation increases. This has created large inequities in the workforce within some organizations. What are the pros and cons of such actions? Explain and discuss.

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