The Comptryx Report
Labor Cost Modeling
Companies expanding operations may consider alternative locations in search of labor cost savings. The Comptryx Labor Cost Modeling tool provides the ability to design a virtual organization and establish the estimated payroll cost around the world. The tool allows users to:
- Includes specific jobs, levels, and population sizes for the planned organization
- Aggregate costs by job type, level and in total to identify key cost variances
- Project labor costs differences multiple years into the future to gauge long term variances
Users can create multiple scenarios and save the results. The system can model local pay rates using various percentiles of market pay. Queries can be run against future Comptryx databases to keep a handle on cost trends.