Stephan is going to be getting a mobility premium for going to Saudi Arabia.How are you going to give it to him?

Question

Quizplus · Accepted Answer

A lump-sum payment is the most common way to provide a mobility premium. It is a one-time payment made at the beginning of the assignment, which is designed to help the employee with the costs associated with moving abroad. It is usually based on the employee's salary and the cost of living in the host country. Offering a lump sum payment ensures that the employee has the funds they need to get settled in quickly and reduces administrative costs for the company compared to other payment methods.

Stephan Is Going to Be Getting a Mobility Premium for Going