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Should you adjust pay rates for remote employees living in lower-cost locations?

$225.00

SKU: FOCam212. Category: .

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Abstract: If a business’s compensation rates are relatively high because of the cost of living in the surrounding area, reducing pay for remote employees who move to lower-cost areas may seem to make business sense. But there are many factors to consider. This article takes a look at the advantages and disadvantages of various approaches and notes the importance of relying on solid compensation data to support the most appropriate compensation approach, given the business’s circumstances.

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