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by JohnFen
790 days ago
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If you're pegging salaries to the economics of the area the employee is working in, then I assume there is some sort of metric you use in order to determine how to adjust the pay range. In giving this more thought, my basic point is that reporting a pay range is about transparency, so the thing to do is to mention what the pay range is pegged to. So I've changed my mind about using the median income of the area as the peg, and think that perhaps cost of living for the area may be better. In the US, for instance, an income that will let you live like a king in some parts won't be enough to live in better than poverty conditions in others. The cost of living differences between areas can be enormous. |
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