It's a tale as old as the hills, one that still rings true: Employers think they're paying their employees a fair wage, and employees disagree.

The most recent support for this schism comes from PayScales. The research, based on some 7,600 responses from bosses and workers, reveals a substantial gap on the fairness issue: 73 percent of employers believe they are fairly compensating their workforce, but only 36 percent of employees agree.

“Despite the buzz surrounding employee engagement, there is still a chasm between employee and employer perceptions on many key issues: pay perceptions, pay transparency, and employee value,” the survey concludes.

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