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title: Pure Market Pricing
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# Pure Market Pricing – A Salary Structure Design for Today’s Challenging Labor Market

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## In this white paper:

- A workforce with critical skills can be in high demand, and pure market  
  pricing can be an effective approach to retain these employees.
- A compensation plan based on pure market pricing can be designed  
  in a variety of ways tailored to the specific needs of an organization.
- When pay is market competitive and delivered fairly and  
  equitably throughout an organization, it will support in the company’s  
  ability to attract, retain, motivate, and engage employees.

![Pure_Market_Pricing_Page_04](https://resources.erieri.com/hs-fs/hubfs/Pure_Market_Pricing_Page_04.jpeg?width=350&height=355&name=Pure_Market_Pricing_Page_04.jpeg "Pure_Market_Pricing_Page_04")

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Pure market pricing is relatively simple to calculate but can be time-consuming when there are many jobs to market price and salary grades are included in the approach.

![](https://resources.erieri.com/hubfs/Asset%2020Check.svg)

Pure market pricing is an excellent approach in a highly competitive marketplace with low unemployment. It allows a company to be very responsive to the labor market while ensuring the ability to attract, retain, motivate, and engage a talented workforce.

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Top management’s support of any compensation plan is always critical to the success of the overall program.

![Pure_Market_Pricing_Cover](https://resources.erieri.com/hubfs/Pure_Market_Pricing_Cover.jpg "Pure_Market_Pricing_Cover")

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