location-based pay

If You Think Related Industries Pay Alike, Think Again

As businesses seek new ventures, entering a related industry seems natural. Similarities should make it easier to attract and retain talent. Right? Unfortunately, the rules you know governing compensation may not apply. To create pay practices that resonate, you must understand the new business, its roles and unique competitive characteristics. For five strategies to better understand industry-specific compensation READ MORE…

Geographic-Based Pay: Is It Right for Your Company?

With the worst of the pandemic over, employers realize that many workers who relocated during COVID aren’t returning. If your company suspended location-based pay during the uncertainty of the pandemic, it’s time to reinstate the policy. For tips on deciding whether and how to implement geographic pay differentials READ MORE…