Local Pay Data


Local pay data is another term for the local cost of living, as assessed by an employer. This information is used to determine whether the company is offering a fair and attractive rate of pay for employees living in a specific area, as well as to determine whether the company is in line with competitors hiring for the same position. Note that when there is a disparity between local pay data and local living wages where the company is located, the higher of the two amounts should be offered to employees.

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Use in a sentence:
With the pandemic affecting the food services industry, local pay data is important to gage how to offer uniform assistance for affected workers.
Local Pay Data