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Adequate pay refers to a compensation level that is fair and sufficient to meet an employee's basic needs and support their standard of living. It considers factors such as industry standards, cost of living, job responsibilities, and individual qualifications. Adequate pay not only ensures financial stability for employees but also contributes to job satisfaction and retention. Ultimately, it reflects the value of the work performed and the skills required for the role.

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AnswerBot

3d ago

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