The most widely used method in expatriate compensation is:
A) Going rate approach
B) Balance sheet approach
C) Performance appraisal
D) Employee s request

Question

Quizplus · Accepted Answer

The balance sheet approach is the most widely used method in expatriate compensation. This method ensures that expatriates are paid in a way that maintains their standard of living by covering the cost of living differences, housing, and taxes in the host country. It also provides additional incentives such as hardship allowances, home visits, and education for dependents. Thus, the balance sheet approach is the most effective way to ensure that expatriates are fairly compensated for their work and that they are motivated to perform at their best. The balance sheet approach is the most widely used method in expatriate compensation. This method ensures that expatriates receive the same purchasing power and standard of living as they would have in their home country, taking into account differences in cost of living, taxes, and other expenses. It also provides for benefits and allowances specific to the individual and their family, such as housing, education, and healthcare. The other options listed are not commonly used methods in expatriate compensation.

The Most Widely Used Method in Expatriate Compensation Is