Managing to set up international salary structures that have a
global reach but a local touch is fraught with difficulties! The idea behind it is to ensure consistency and avoid discrimination, control costs and, along with performance management techniques, allow managers to differentiate between the performance of individuals around the world who are at different levels or hold different positions within the organisation. However, even with a global grading scheme, each country is a different market, with different expectations and, therefore, you need to design a pay system that encompasses the¬†differences¬†of each…