Question 16 out of 6 pointsThe basic objective of this approach is to "keep the expatriate whole"relative to PCNs back home.Answers:going ratebalancesheetlocal pluslaissez-faire
ResponseFeedback:GoodworkQuestion 26 out of 6 pointsIn this approach, the base expatriate salary is linked to the salarystructure in the host country.Answer
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ResponseFeedback:GoodworkQuestion 36 out of 6 pointsAs of 2014, which of these countries have the highest social securityemployer contribution rate?Answer
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In which approach the base expatriate salary is linked to the salary structure in the host country?
Going rate approach is also called as the host country approach or localization. This approach links the expatriate salary to the salary structure of the host country and its basis is the local market rates. It also receives base pay and incentive pay based on the practices and regulations on its host country.
What is the most common approach to expatriate pay?
The most common approach to expatriate pay is the balance sheet approach, which aims to develop a salary structure that equalizes purchasing power across countries so expatriates have the same standard of living in their foreign assignment as they had at home.
What is the local plus approach to international compensation?
A local plus compensation approach is usually defined as an approach whereby companies pay their foreign employees according to the local (host country) salary structure plus additional compensation elements that are not typically provided to local nationals (such as transportation, housing, dependents' education, etc. ...
What is the most common approach to expatriate pay quizlet?
The most common approach to expatriate pay is the balance sheet approach. This approach aims to equalize purchasing power so employees can enjoy the same living standard in their foreign posting that they had at home.