Asked by
Dennis Adzabe
on Nov 03, 2024
Verified
Refer to Scenario 15.1. Assume that ForEx will use the balance sheet approach to compensate expatriates. Which of the following is NOT one of the steps in this approach?
A) add incentive premiums
B) figure cost-of-living adjustment
C) add assistance programs
D) calculate commission pay
Incentive Premiums
Additional rewards or bonuses offered to employees or customers as an incentive for desired behaviors or achieving certain benchmarks.
Cost-Of-Living Adjustment
A salary adjustment based on the increase in the cost of living, intended to preserve purchasing power.
Assistance Programs
Services provided by organizations to support the wellbeing of their members, often including counseling, financial aid, and health services.
- Acquire knowledge of the basic concepts and goals involved in compensating expatriate managers, including an understanding of the balance sheet strategy.
Verified Answer
NL
Learning Objectives
- Acquire knowledge of the basic concepts and goals involved in compensating expatriate managers, including an understanding of the balance sheet strategy.