At the annual meeting of the HR division at an insurance company, the vice president of HR noted that pay compression was a problematic phenomenon for certain jobs for which there was high demand but low supply. This problem was especially acute for jobs in actuarial science and legal services. The vice president of HR has hired you as a compensation consultant to help them formulate an action plan for dealing with this situation. What would you say is the best solution to this situation? give a 20 percent pay increase to the highest 10 percent of workers add more jobs to an area of high demand, in order to increase the supply prepare high-performing employees for promotions to jobs at higher salary levels give all employees a 10% across the board pay increas