International salary benchmarking: A how-to guide
March 7, 2022
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Before you can hire internationally, it's important to understand what salary
range is appropriate for each position and what compensation is required in
each country where you plan to do business.
If your offers aren’t in line with the local market, you risk being unable to
attract or retain the right talent. And improper compensation can also open
you up to legal troubles if you violate employment laws.
How to get started with global salary benchmarking
This guide to global salary benchmarking is based on our experience over the
past decade helping organizations large and small hire workers in over 165
countries. We’ll explore:
- What global salary benchmarking entails
- How to undertake salary benchmarking in any country where you plan to do business
- Where to find trusted sources of global salary data, as well as country-specific compensation requirements
- How to align your global salary benchmarking with your organization's compensation philosophy
After reading the ebook, contact us
to learn more about
how an employer of record
can
provide local HR expertise to guide you as you conduct global salary
benchmarking for your new international hires.
Schedule a free consultation
Meet with one of our payroll experts to discuss your current business challenges and how our solutions can help.