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Congratulations!
You have completed ERI DLC Course 83: Designing a Geographic Salary Structure.
You should now be able to:
- Identify why the headquarters, branch offices, manufacturing plants, and warehouses, may need different salary structures
- Recognize how labor markets and the cost of living influence salary rates
- Define how salary grades maintain internal pay equity
- Specify how pay ranges are affected by changing the pay policy line
- Recognize when adjusting an existing salary structure is not enough and a new structure needs to be created
- Differentiate between market pricing and cost of labor and which one to use in determining a pay structure for facilities away from headquarters
- Identify when to use pay rates at the state, regional, and city/local level
- Specify when it is appropriate to use bonuses and cost-of-living allowances as an alternative to adjusting a pay structure
- Define what “Market Index” is and how to use it
- Recognize how branch office benefits may be affected by location
Looking to Benchmark Pay?
See our salary, cost-of-living, and executive compensation data in action.