Understanding geographic pay differentials is the best way to ensure equitable and competitive compensation across various locations. Geographic pay differentials are utilized to modify national salary survey data and create geographically differentiated salary bands or ranges. Use geographic wage differential data to set branch office salary structures, calculate adjustments for cost-of-living and cost-of-labor differences, and more.
Without the right tools, determining salaries in multiple locations can be complex. At ERI SalaryExpert, we believe in the power of data. We use a combination of survey data conducted by ERI Economic Research Institute and data purchased from third-party survey providers. With compensation data for over 10,500 global locations vetted by PhD-level compensation professionals, we can ensure that you are getting the most accurate and up-to-date salary information.
