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Thursday, September 23, 2010

Balance Global Strategy with Local Differences

Perhaps the most significant challenge to the creation of a global compensation and benefits strategy is the conflict between the need for a unified global strategy and the need to address local differences, particularly those that are legally mandated. Maintaining the appropriate balance is a constant dilemma for most HR functions, but it seems particularly acute for compensation and benefits.

Of all the global HR practices, compensation and benefits is the most localized (mainly due to economics, tax laws, and labor requirements).

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