46% Set Compensation for Remote Workers Based on Employee Location

When it comes to setting compensation for remote workers, 46% of firms base it on the employee’s location, according to a poll of 2,300 senior managers in the US conducted by Robert Half International Inc. (NYSE: RHI).

Another 33% set remote workers’ compensation based on the company’s location; 21% base compensation on candidate experience, with location being irrelevant.

Other findings in Robert Half’s survey include:

• Top red flags on a résumé:
  • Frequent job hopping, cited by 77% of senior managers
  • Vague descriptions of past jobs, 76%
  • Insufficient skills for the positions, 74%
• Referrals: 87% of managers are more likely to hire a candidate with a referral from a current employee.
• Specialists: 67% prefer hiring specialists with deep subject matter expertise in a particular field over generalists with varied skills and knowledge across multiple areas.
• Returnships: 69% of managers have rehired a former employee who left the company on good terms. The biggest benefits included:
  • Bring in-demand skills, knowledge and experience, 29%
  • Have proven job performance and skill set, 22%
  • Can quickly assimilate and begin contributing, 20%

Original Article:(https://www2.staffingindustry.com/Editorial/Daily-News/46-set-compensation-for-remote-workers-based-on-employee-location-63439)