Global Leveling - A Practical Approach

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Global Leveling - A Practical Approach

Whitepaper

Details

Author

Joe Duggan, Head of ICR International - London Ltd.

John Cunnell, Co-Founder ICR

Summary

Companies with global operations face special challenges in administering pay. The goal is to create a program that is fair and equitable, locally appropriate, plus easy to manage and communicate.

The three main goals of any global compensation program are:

Communicating a common reward philosophy that is easy for all employees to understand.

Providing accurate local guidelines for salary administration that is in compliance with local legislation and practices. Include market pay values, salary budgets, local legislation, and common practices in that location.

Establishing corporate-wide equity for all employee programs including stock option awards, incentive plans, transfers, and other global program eligibility.

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