What is a Fair Compensation? Be sure to support your analysis with appropriate material from the tex

What is a Fair Compensation? Be sure to support your analysis with appropriate material from the text and outside web sites

Much has been written about “fair” compensation However, there is not a consensus on what is “fair” — how it’s defined and how it should be determined How should we define “fair” compensation? What tests/procedures would you recommend to an organization to determine whether the ways in which they compensate employees is “fair”? Why?