The Compounding Effect and Pay Equity – What You Need to Know
JUNE 16, 2022
Have you heard of the compounding effect? It can have a devastating effect over the course of a person’s career. What is the compounding effect? The compounding effect explains how the trajectory of an individual’s earnings throughout their professional career. The amount you earn at the beginning of your career has a direct impact on what you’ll earn over your lifetime. .
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