Which statement about compensation is accurate?
A) Year-end bonuses are almost unheard of outside of the United States.
B) Cost of living is generally not a factor when companies make compensation decisions.
C) The gap between executive and employee pay has been shrinking steadily over the past two decades.
D) Housing allowances are part of the compensation package in many places.
E) Expatriate employees typically receive no additional compensation over and beyond what they would be paid in their home countries.

Question

Quizplus · Accepted Answer

Housing allowances are often included in compensation packages in many countries, particularly in areas with high costs of living or where housing is in short supply. The other statements are incorrect or misleading. Year-end bonuses are common in many countries outside of the United States, cost of living is usually a factor in compensation decisions, the gap between executive and employee pay has been widening, not shrinking, over the past two decades, and expatriate employees typically receive additional compensation to account for differences in cost of living and other factors.

Which Statement About Compensation Is Accurate