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Large MNCs and the like already do this today. Their HR departments likely have tools to calculate cost of living globally. Or they have local partners who do i
by wil421 8y ago
Large MNCs and the like already do this today. Their HR departments likely have tools to calculate cost of living globally. Or they have local partners who do it for them.
- chrismeller 8y agoI didn’t end up working for them for completely unrelated reasons, but one company I was considering a few years ago used the US government pay scales for locality-based supplemental pay. They were unrelated to the government, but I think one of the original founders had military experience so they went with what they knew. Not a perfect solution, but an easy one.
- wil421 8y agoDo you think it was beneficial using the government scale? Or do you think the salaries were lower?
- chrismeller 8y agoSorry, I should have been more specific. They used the US Government locality pay supplements to determine a percentage that you got in addition to your base salary, they did not actually use the pay scale itself.