This information can be very useful for comparing salary ranges between geographic areas.
What Is A Geographic Wage Differential (Geo)?
Our document BalancedComp Sources of Data 2022 under Resources provides very useful information about geo percentile data: Geographic differentials are developed for hundreds of cities, counties and states throughout the United States and Canada by compiling and comparing salary survey data from hundreds of local area surveys conducted by government, industry, trade associations, and private businesses. Geographic wage differentials are used by all major U.S. corporations to establish both wage and cost-of-living standards for their branch locations.
How Do I Find Geos In BalancedComp?
Geo information can be found in three different areas of your BalancedComp system:
Branches
- Click Settings in the main nav.
- Click the Branches card.
- The Non-Exempt, Exempt and Executive geo information will be displayed on the next screen for each of your branch locations.
Salary Ranges Report
- Click Reports in the main nav.
- Click Salary Ranges in the subnav.
- Click the All Salary Ranges card.
- The Non-Exempt, Exempt and Executive geo information will be displayed above the minimum, midpoint and maximum salary ranges for each of your grade levels.
Salary Ranges w/Titles
- Click Reports in the main nav.
- Click Salary Ranges w/Titles in the subnav.
- Click the All Salary Ranges card.
- The Non-Exempt, Exempt and Executive geo information will be displayed above the minimum, midpoint and maximum salary ranges for each of your grade levels. In addition, you will see the Positions listed for each grade in your system, providing additional information for comparison.
