Colossians 4:1

Masters, give unto your servants that which is just and equal; knowing that ye also have a Master in heaven.

a. NLT: Masters, be just and fair to your slaves. Remember that you also have a Master—in heaven. [Scripture quotations marked (NLT) are taken from the Holy Bible, New Living Translation, copyright © 1996, 2004, 2007. Used by permission of Tyndale House Publishers Inc., Carol Stream, Illinois 60188. All rights reserved.]

b. ASV: Masters, render unto your servants that which is just and equal; knowing that ye also have a Master in heaven.  [Thomas Nelson & Sons first published the American Standard Version in 1901. This translation of the Bible is in the public domain.]

c. YLT: The masters! that which is righteous and equal to the servants give ye, having known that ye also have a Master in the heavens.  [The Young's Literal Translation was translated by Robert Young, who believed in a strictly literal translation of God's word. This version of the Bible is in the public domain.] 

d. Classic Amplified: Masters, [on your part] deal with your slaves justly and fairly, knowing that also you have a Master in heaven. [Amplified Bible, Classic Edition (AMPC) Copyright © 1954, 1958, 1962, 1964, 1965, 1987 by The Lockman Foundation]

1. “Masters, give unto your servants that which is just and equal…”

a. Ho [Strong: 3588. [tēs] ὁ ho ho, including the feminine he hay, and the neuter to to in all their inflections; the definite article; the (sometimes to be supplied, at others omitted, in English idiom):--the, this, that, one, he, she, it, etc.] [Thayer: [tēs] ὁ, ἡ, τό, originally τος, τῇ, τό (as is evident from the forms τοι, ται for οἱ, αἱ in Homer and the Ionic writings), corresponds to our definite article the (German der, die, das), which is properly a demonstrative pronoun, which we see in its full force in Homer, and of which we find certain indubitable traces also in all kinds of Greek prose, and hence also in the N. T.] [Additional variants: tē, hoi, oi, tēn,ta, tēs,tois, tō, tōn, hé  hē ]

b. Masters [Strong: 2962. kurios koo'-ree-os from kuros (supremacy); supreme in authority, i.e. (as noun) controller; by implication, Master (as a respectful title):-- God, Lord, master, Sir.]

c. give [Strong: 3930. parecho par-ekh'-o from 3844 and 2192; to hold near, i.e. present, afford, exhibit, furnish occasion:--bring, do, give, keep, minister, offer, shew, + trouble.]

d. [Strong: 3588. [to] ὁ ho ho, including the feminine he hay, and the neuter to to in all their inflections; the definite article; the (sometimes to be supplied, at others omitted, in English idiom):--the, this, that, one, he, she, it, etc.] [Thayer: [to] ὁ, ἡ, τό, originally τος, τῇ, τό (as is evident from the forms τοι, ται for οἱ, αἱ in Homer and the Ionic writings), corresponds to our definite article the (German der, die, das), which is properly a demonstrative pronoun, which we see in its full force in Homer, and of which we find certain indubitable traces also in all kinds of Greek prose, and hence also in the N. T.] [Additional variants: tē, hoi, oi, tēn,ta, tēs,tois, tō, to tōn, hé  hē ]

e. [unto your] servants [Strong: 1401. doulos doo'-los from 1210; a slave (literal or figurative, involuntary or voluntary; frequently, therefore in a qualified sense of subjection or subserviency):--bond(-man), servant.]

e. [that which is] just [Strong: 1342. dikaios dik'-ah-yos from 1349; equitable (in character or act); by implication, innocent, holy (absolutely or relatively):--just, meet, right(-eous).]

f. and [Strong: 2532. kai kahee apparently, a primary particle, having a copulative and sometimes also a cumulative force; and, also, even, so then, too, etc.; often used in connection (or composition) with other particles or small words:--and, also, both, but, even, for, if, or, so, that, then, therefore, when, yet.]

g. equal [Strong: 2471. isotes ee-sot'-ace likeness (in condition or proportion); by implication, equity:--equal(-ity).]

2. “...knowing that ye also have a Master in heaven.”

a. knowing [Strong: 1492. eido i'-do a primary verb; used only in certain past tenses, the others being borrowed from the equivalent 3700 and 3708; properly, to see (literally or figuratively); by implication, (in the perfect tense only) to know:--be aware, behold, X can (+ not tell), consider, (have) know(-ledge), look (on), perceive, see, be sure, tell, understand, wish, wot.]

b. that [Strong: 3754. hoti hot'-ee neuter of 3748 as conjunction; demonstrative, that (sometimes redundant); causative, because:--as concerning that, as though, because (that), for (that), how (that), (in) that, though, why.]

c. ye [Strong: 5210. humeis hoo-mice' irregular plural of 4771; you (as subjective of verb):--ye (yourselves), you.]

d. also [Strong: 2532. kai kahee apparently, a primary particle, having a copulative and sometimes also a cumulative force; and, also, even, so then, too, etc.; often used in connection (or composition) with other particles or small words:--and, also, both, but, even, for, if, or, so, that, then, therefore, when, yet.]

e. have [Strong: 2192. echo ekh'-o, including an alternate form scheo skheh'-o; (used in certain tenses only) a primary verb; to hold (used in very various applications, literally or figuratively, direct or remote; such as possession; ability, contiuity, relation, or condition):--be (able, X hold, possessed with), accompany, + begin to amend, can(+ -not), X conceive, count, diseased, do + eat, + enjoy, + fear, following, have, hold, keep, + lack, + go to law, lie, + must needs, + of necessity, + need, next, + recover, + reign, + rest, + return, X sick, take for, + tremble, + uncircumcised, use.]

f. [a] Master [Strong: 2962. kurios koo'-ree-os from kuros (supremacy); supreme in authority, i.e. (as noun) controller; by implication, Master (as a respectful title):-- God, Lord, master, Sir.]

g. in [Strong: 1722. en en a primary preposition denoting (fixed) position (in place, time or state), and (by implication) instrumentality (medially or constructively), i.e. a relation of rest (intermediate between 1519 and 1537); "in," at, (up-)on, by, etc.:--about, after, against, + almost, X altogether, among, X as, at, before, between, (here-)by (+ all means), for (... sake of), + give self wholly to, (here-)in(-to, -wardly), X mightily, (because) of, (up-)on, (open-)ly, X outwardly, one, X quickly, X shortly, (speedi-)ly, X that, X there(-in, -on), through(-out), (un-)to(-ward), under, when, where(-with), while, with(-in). Often used in compounds, with substantially the same import; rarely with verbs of motion, and then not to indicate direction, except (elliptically) by a separate (and different) preposition.]

h. heaven [Strong: 3772. ouranos oo-ran-os' perhaps from the same as 3735 (through the idea of elevation); the sky; by extension, heaven (as the abode of God); by implication, happiness, power, eternity; specially, the Gospel (Christianity):--air, heaven(-ly), sky.]

1). Comparative verses:

a). Ephesians 6:9 And, ye masters, do the same things unto them, forbearing threatening: knowing that your Master also is in heaven; neither is there respect of persons with him.