From unreliable market data in some locations to explaining why colleagues doing identical work earn different amounts, global compensation strategies can be incredibly challenging.
But, with location-flexible working options (think remote, hybrid, work-from-anywhere) fast becoming top-of-the-list of what employees are looking for in an employer, getting global compensation right can also make for a big competitive advantage in hiring and retention.
Olive Turon, Head of People & Culture at TestGorilla, knows this all too well.
TestGorilla is a 100% remote company with 177 team members across 51 countries worldwide – so Olive has navigated virtually every global compensation challenge you can imagine, and come up with an approach that is making their employer brand stand out from talent competitors.
In our upcoming Reward Community Office Hour, Olive will join Ravio’s Chief People Officer, Vaso Parisinou, to discuss the biggest challenges with global compensation, complete with practical insights on how TestGorilla approaches them.
The discussion will include:
- Strategies for handling market data gaps in certain locations
- Managing the administrative complexity of compensation and benefits in 50 different locations
- Communicating how location influences compensation with the team to build trust
- Policies for international relocations
- The role of remote-first working and globally competitive pay in employer branding.
As always, there will also be plenty of opportunity to ask your own questions and share your experiences with fellow Reward leaders who understand the complexities of administering a global compensation strategy.