Your employees’ views on the fairness of their pay may stem from much more than the number they see on their paychecks.

According to a 2025 Fair Pay Impact ReportOpen in a new tab by compensation software and data company Payscale, 68% of surveyed workers believe they’re underpaid — even when they’re paid at or above market rates. Among workers paid directly at the market rate, 63% think they’re paid below market; but even among employees making above market, 47% have the same belief. Payscale analyzed data from more than 325,000 respondents in an online salary survey taken between Jan. 1, 2021, and Jan. 1, 2025. READ MORE