Geographic Differential

What is Geographic Differential?

 

‘Geographic Differential’ refers to the differences in the compensation package for the same job in different locations based on the differences in the cost of living at those locations.

 

It is usually provided as a supplement to the primary salary in order to compensate for the additional cost of living in a place where the cost of living is more.

 

This kind of additional compensation makes the employee feel valued and increases their engagement with the company. As engaged employees are always an asset for the company, it is in the best interest of the company to provide additional geographic differential.

More HR Terms

Global Human Resource Management

In today’s rapidly evolving corporate landscape, a transformative approach, Global HRM, has become a vital practice for the corporate job market. With these HRM practices,

Underwriter

What is Underwriter ?    ‘Underwriter’ refers to a specific kind of analyst who analyzes the risk of providing a financial product to a specific

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’