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Base Pay
Base pay for the international assignee on a long-term assignment should mirror what the person would be paid for performing the job in the home country.
There are two ways to identify the appropriate salary for the job:
- Evaluate the new job by using the company's job evaluation plan. This evaluation will need to recognize the host country job, but it will be paid based on the home country compensation plan.
- OR
- Determine the market value of the new job based on home country market rates. This can be accomplished by using a program such as ERI's Salary Assessor®, which provides market rates for more than 19,500 jobs, 1,100 industries, and 9,500 locations worldwide.
| How to Find the Market Rate of a Job |
| Open Salary Assessor |
| Choose the job title: On the left, select the Browse button under Job Title. In the Browse Jobs box, begin typing the name of the job in the Search field, until it is highlighted in the list. (Please note: the demo version of this program displays limited data.”) |
| Check the description: To make sure that this job matches the position you are researching, review the job description below the list of jobs. Press OK to select the job. |
| Select your industry: Select the Industry Browse button and in the Industries box, you can either use Search Industries or scroll through the list of industries to make a selection. |
|
Choose the location: Select the Browse button under Area. In the Browse Areas box, begin typing the name of the city and state/country until it highlights in green in the list. Then press OK |
| Retrieve data: The Salaries By Experience/Size module under the Job Report tab now displays a range of salaries. By default, the 10th, 25th, 75th, and 90th percentiles, along with the Mean are shown, arranged according to years of experience. |
| For more information: Please see the online Salary Assessor demo. |
Memory Jogger
When determining base pay for an employee on a long-term foreign assignment, base pay should be the:
Looking to Benchmark Pay?
See our salary, cost-of-living, and executive compensation data in action.