Asked by
Ashton Sturges
on Nov 03, 2024Verified
Expatriates can be compensated for their services in several ways. At one end, their pay can be based on their earnings in the home country. What is at the other end of expatriate pay?
A) host-based pay
B) skill-based pay
C) balance sheet pay
D) third-country-based pay
Host-Based Pay
Expatriate pay comparable to that earned by employees in a host country.
Skill-Based Pay
A compensation system that sets pay levels based on the skills or knowledge an employee possesses, rather than their job title or position.
Third-Country-Based Pay
A compensation strategy where an employee's pay is based on the standard of living and market rates in a country different from both the home and host countries.
- Comprehend the core principles and targets of remuneration for expatriate managers, along with the balance sheet method.
Verified Answer
SA
Learning Objectives
- Comprehend the core principles and targets of remuneration for expatriate managers, along with the balance sheet method.