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No. Other than minimum wage rules.Are there any rules pertaining to this?
Yes.Is this legally allowed?
...You need to negotiate for a better deal if you think that you are worth it. Or look for a better paying job.
If 2 people are doing very similar jobs and both are reporting to the same person then should they be paid the same? Is the company required to divulge to them that they are not paid the same?
^
Not referring to the original posters question but to a situation where both people are permanant and fulltime employees.
Refer to the new person earning a higher hourly rate
The last thing you should do is refer to the other persons salary/wage, to me that brings to mind my 4 and 7 year old nieces - 'She got a snack, I want one too...' - hardly the impression you want to give.
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