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What's Figures?
Frequently asked questions
What is Figures?
The compensation management solution designed for Mid-market and Enterprise businesses, enabling you to effectively manage rewards and inspire your team's success.
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Should I use cost of labor or cost of living?
There is no perfect solution, however cost of living is often used in case of international mobility (with an objective of maintaining the person's purchasing power in the new location), while cost of labor is often preferrable when it comes to hiring local talent
Should I use net or gross salary?
You should use gross salary. We do not yet account for gross to net salary differences as they greatly differ from a country to another.
What's the employer cost?
The total amount of money that it costs a company to employ people, including pay, insurance, benefits etc.
How do you take into account location for your employees fixed salary?
That’s for you to define as part of your compensation philosophy.
What are some international compensation best practices?
- Aligning your compensation philosophy for fairness
- Defining your remote compensation strategy
- Communicating clearly to your employees
- Evaluation & feedback