Building a strong compensation strategy: Is location-based pay best?
Insperity
DECEMBER 20, 2022
Cost of living refers to the price of goods and services, such as food, gas, housing and transportation, in a specific market. This approach as a compensation strategy is favored because: It’s a streamlined approach that’s less problematic from both a logistical and legal standpoint. Demand for labor. Cost of living. Put it in writing.
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