Dec '24 • General discussion
Transparent Salary Bands: A Global Approach
Salary transparency is becoming law across the globe. Here's how to stay ahead and build fair compensation systems.
Buffer's transparent formula: Role benchmark × Cost of living × Experience level = Global salary
Three approaches that work:
- Global rate (same pay worldwide)
- Regional bands (market-based)
- Hybrid model (base + location)
GitLab's success with transparency:
- 50% faster hiring
- 30% better retention
- 90% offer acceptance
Your transparency checklist:
- Research local requirements
- Choose your approach
- Create salary bands
- Document your formula
- Train your managers
- Communicate changes
How are you handling salary transparency? Share your approach and challenges.
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Transparent Salary Bands: A Global Approach
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