Is it Time to Rethink How You Set Compensation Levels in the "New" Normal?

    Aug 12, 2021 @ 08:34 AM / by Steve Brink

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    The pandemic’s impact on a growing distributed workforce has been highlighted by many different talking heads. However, no one has really addressed the long-term consequences to the total rewards equation, specifically the future of setting compensation levels.

    I believe there will be a grouping of jobs/roles into four different approaches in setting compensation levels. 

    • 1. Locally focused roles
    • 2. Professional roles
    • 3. National roles
    • 4. Global roles

    Download the article to learn more about these approaches.

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    Topics: Employee Compensation, Global Compensation, Communication, COVID-19 Recovery, Total Reward, Distributed Workforce, trends in global mobility, Compensation

    Steve Brink

    Written by Steve Brink

    Since joining in late 2008, Steve drives AIRINC to an enhanced vision and growth strategy to address the ever-changing challenges of workforce globalization. Under his leadership, AIRINC has expanded its global footprint, released innovative solutions, increased the customer base including new verticals and continued to build upon the proud tradition of AIRINC as the premium provider of information, advice and technology in global mobility. Prior to joining AIRINC, Steve was the Global Leader and Worldwide Partner at Mercer responsible for its Information and Software businesses. As part of his global leadership role, he was based in Geneva, Switzerland, and has significant work experience in all regions of the globe. He is a frequent speaker on international HR issues and trends. Prior to his fourteen years at Mercer, he served as an Operations Manager at Towers Perrin, with a focus on HR software tools and global job evaluation systems. Steve has been teaching the Quantitative Analysis course at the WorldatWork organization since 1990. Steve has a B.A. in Economics from the University of Texas at Austin and an M.S. in Economics from the University of North Texas.