Managing ranges in high-inflation countries: how often do you move the structure?

Most of our 2,300 employees are in Western Europe, but we have about 120 people across two countries where annual inflation has been running above 40%. I lead reward for a shipping and logistics group headquartered in Denmark.

We review structures once a year everywhere. In those two countries the ranges are out of date within a quarter, local management makes ad hoc adjustments, and I have lost any reliable view of compa-ratios.

Do you run a different cadence in such markets, for example quarterly or half-yearly structure moves, and do you peg anything to a hard currency for internal comparison?