Which of the following determines the compensation of expatriates by adjusting the manager's compensation so that it gives the manager the same standard of living as in the home country plus extra pay for the inconvenience of locating overseas?
A) The scorecard approach
B) The balance-sheet approach
C) The equalization approach
D) The exchange-rate approach
E) The correspondence approach

Question

Quizplus · Accepted Answer

One of the greatest challenges of managing expatriates is determining the compensation package. Most organizations use a balance sheet approach to determine the total amount of the package. This approach adjusts the manager's compensation so that it gives the manager the same standard of living as in the home country plus extra pay for the inconvenience of locating overseas.

Which of the Following Determines the Compensation of Expatriates by Adjusting