Q - Payrates, by Geo or based on skill?
A - The direction of travel as I see it and as I talk to firms is trying to minimize localized pay to make life easier - Nick Bloom
So you have 20 different pay scales across the U.S., if you can go to one national U.S. pay scale, one for Canada, whatever it is, but the more you can globalize, the easier life becomes.
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The talent market continues to evolve.
Pay by Geo, (how many scales), pay by skill?
Nick shared a very illustrative story on the challenge.
He's also collecting data on the topic
Short sample from our fantastic conversation
Small sample from an entertaining and informative hour with one of the brightest minds in the workplace and the future of work
Nick Bloom: Profitability, Performance, Retention | Work 20XX podcast with Jeff Frick
- Spotify -
- YouTube -
- Transcript and Show Notes - https://www.work20xx.com/episode/nick-bloom-profitability-performance-retention-work-20xx-ep20 - or wherever you podcast
#pay #scale #talent #labor #remote #hybrid #distributed #payscale #GlobalPay #LocalPay #RemoteTeams #PayScales #CompanyProtocol #HR #NationalPayScale #InternationalPayScale #StartupHiring #podcast #fow #workplace #LegalRegulations #Taxes #workforce #work #work20xx
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