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Compensation programs can be complex to establish and manage. Company compensation structures must facilitate recruitment, retention and equity across geographically dispersed worksites. We designed our Living Cost Standards report to address differences in employee purchasing power across multiple work locations. These reports include costs for:
Our Living Cost Standards report works from cost-of-living comparison data to develop defensible geographic salary differentials. The data we collect includes a complete living cost analysis for any location in the U.S. and Canada. Our system ranks locations by index and living cost component before comparing them to a common location, such as a company’s headquarters.
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