How to Get Global Compensation Right
With the rise of distributed work over the past three years and the increased cost of hiring top talent in tech-centers (like San Francisco, New York, and London), companies are expanding their employee bases globally.
Businesses that don’t hire globally now risk falling behind in the race for top talent, or overpaying for talent in expensive locations. However, it’s hard to get international employee compensation right.
Without accurate benchmarks, organizations defer to using cost of living data, unverified sources, or guesswork, resulting in costly mistakes that mitigate the benefits of hiring globally. Pave is here to help!