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On Feb 17th, Venezuela was the latest to announce a significant devaluation (37% on the official rate). There are dozens of countries experiencing high devaluation and/or inflation. What's the best approach for managing local pay under such circumstances?
Hint: Do not convert to hard currency!
For some tips and guidance on what you should do, join the Birches Group webinar on March 2 @ 9:00 Eastern Time (14:00 GMT). We'll look at some data and outline our recommended approaches to manage comp effectively without breaking the bank or straying from your market-based approach.
The webinar is free, but you must pre-register.
Registration Link: bit.ly/WebinarMarch2
We hope you can join us!