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According to its 2022-2023 Salary & Incentive Survey, which came out earlier this month, 51% of companies adjusted remote employees’ pay after they ... they may lose the location-based bonus, but ...
According to the entrepreneur, location-based pay was sort of an afterthought before the COVID-19 pandemic. “There wasn’t a mutual understanding between employees and employer whereas now we're in a ...
Labor market pressures and the importance of staff retention mean that setting compensation effectively ... variations in salary. Pay can be purely location-based, purely merit-based or a hybrid ...
Roughly half of employers use a pay methodology based on market pricing for locations where they have offices, according to Payscale’s 2024 Compensation ... pay zones to manage pay by location.