Given a scenario where an organization is expanding globally, how would you modify the salary structure to accommodate different regions?
- Implement a standardized global salary structure
- Introduce region-specific bonuses
- Tailor salary structures to local cost of living and market conditions
- Use a flat-rate salary for all employees
In a global expansion scenario, it's crucial to tailor salary structures to local cost of living and market conditions. This approach ensures fairness and competitiveness in each region, attracting and retaining top talent.
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