In the context of expatriate compensation, what is the role of a balance sheet approach?
A) It equalizes purchasing power across countries so employees can enjoy the same living standard in their foreign posting that they enjoyed at home.
B) It helps expatriate managers and their families to adjust to the day-to-day life of the host country.
C) It rewards expatriates on the basis of merit and performance.
D) It helps promote goodwill among all managers regardless of posting.
E) It is offered as an inducement to accept foreign postings and live away from family.

Question

Quizplus · Accepted Answer

The balance sheet approach aims to equalize purchasing power across countries, ensuring that expatriates can maintain the same living standard abroad as they had at home.

In the Context of Expatriate Compensation, What Is the Role