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David, history tells us that 'boards' charged with setting compensation levels are rarely generous. A system in which the interests of both parties are fully represented by knowledgeable specialists and decisions are taken by people with a strong sense of justice is the only way to ensure fairness. Instead of advocating the abandonment of the system we ought to be asking why it is so hellishly complicated. It wasn't always that way. Perhaps specialisation coupled with the constant threat of being sued for under settling is to blame but the judiciary seem to have been happy to add fuel to the flames.

A little KISS wouldn't go amiss.

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