I have an older male colleague who was recruited years ago on a fantastic deal at a time when a lot of money was sloshing round our industry. Back in the day I was young and in a junior position but worked my way up to the point I am at least equal to him in status, responsibility etc. He is well over typical retirement age and has shrunk his role but not his pay which is a multiple of mine. There has been deflation of pay in my industry. I like this man and he has been a mentor to me so I wish him no harm but it feels very unfair to me. I love my job. I’ve raised this with several managers who have agreed it’s not fair but nothing has been done. He shows no sign of retiring despite being in his 70s, why would he as he’s on such a sweet deal. He is valuable to the organisation and makes a good contribution. But I feel like a mug. I don’t think a man in my situation would be expected to put up with it. Any thoughts on what to do to resolve this amicably and not fall out with him or my bosses?