The right pay = qualified talent
Offering the correct compensation for a specific role, you make sure that people who are genuinely qualified and experienced enough for the job apply for it, as the right pay will make them more motivated to consider and take on the challenge.
The right pay = motivated employees
The right pay for a job helps ensure that the current employees in that position stay focused and engaged, knowing their value is recognised. Furthermore, providing the right compensation for the right job will help build a positive employer brand for your organisation and attract even more qualified candidates in the future.