What are the main approaches in the area of international compensation with regard to posting MNCs…
The two primary international compensation approaches used by multinational corporations to remunerate expatriates are the 'Going Rate Approach' (market rate linked to…
Choose your answer
What are the main approaches in the area of international compensation with regard to posting MNCs employees in foreign countries?
(i) Going Rate Approach
(ii) Qualitative Approach
(iii) Combination Approach
(iv) Balance Sheet Approach Choose the most appropriate answer from the options given below:
Answer and explanation
Correct answer D
The two primary international compensation approaches used by multinational corporations to remunerate expatriates are the 'Going Rate Approach' (market rate linked to host-country salary structures, i) and the 'Balance Sheet Approach' (home-country-based purchasing-power parity maintenance, iv).
Practice for these exams
-
UGC NET HRM / Labour Welfare and Industrial Relations