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Pay Philosophy <br />To achieve their goals Little Canada will consider the following factors when <br />designing a Pay Philosophy: <br />Where does the City want to pay compared to the market? Some places want <br />their pay to be right at market (usually the median or 50th percentile of the <br />market, while others want to be a bit above or a bit below. <br />Labor Market <br />Competitive Position <br />Why do you pay people?Internal Equity <br />Salary Structure <br />Pay Compression <br />Survey Sources <br />Pay Adjustments <br />Regulatory Compliance <br />COMPENSATION <br />STRATEGY