Question

Discuss 9 options available for expatriate compensation. Consider how each of these options might be used for a transnational and a multi-domestic company. (please list all of the options, don't half-heartedly do 3 and say that is complete. I am trying to get a better grasp as my online classes make no sense. I have had other experts bullshitted this and it's frustrating and a waste of money in having this service)

Answer 1

Options available for expatriate compensation.
1. Base Salary: Primary package of allowances which includes cost of living, utility, housing, foreign service premium, pension contributions. It can be paid in both local and foreign currency.
2. Foreign service inducement/ Hardship allowance: Parent country nationals receive this for hardships caused during transfer. Depend upon the hardship and length of the assignment.
3. Allowances: Housing, Cost of living and home leaves & travel allowances are the ones given.
4. Allowances to Children for Education: Given as fees to the expatriate's children. These may include books, tuition fees, transportation, language class tuition, etc.
5. Moving and reallocation allowances: These allowances usually cover the things like shipping, moving, temporary leasing of a place, down payments for living, etc.
6. Payments for tax equalisation: Helps the expatriate from issue of negative taxes. Under this, the tax of the expatriate is adjusted by the company in a way that the person does not pay more tax than he was paying in his home country.
7. Assistance for spouse: If any money or income is lost because of reallocation, the multinational pay allowances to the spouse when the expatriate come for the international assignment.
8. Compensation packages for expatriate: These can be discussed regarding things missed by the company and benefits for which are seeked.
9. Savings differential allowance: Granted so that minimum amount as before is saved by expatriate.

IF This helped you please give a thumps up!!!!!!