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For example, Remote publicizes its salary calculation process, which includes a 65th percentile benchmark for all hires; an 80-120 percent multiplier to account for performance and time in a role; and geo ranges, which adjust salaries based on the countries where employees live. In addition, not all EORs are the same.
Researching industry standards and conducting a salary benchmarking analysis can ensure your compensation offer is competitive and aligns with market rates. This option offers a permanent foothold in the market and enables you to hire local talent compliantly.
Dubai: As mentioned earlier, Dubai’s efficient immigration system for high-skilled workers sets a benchmark for talent attraction. Singapore: Known for its Employment Pass system, Singapore continues to attract top-tier global talent , especially in tech and finance sectors. Nowhere is that truer than with EORs.
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