The total compensation plan that equalizes the purchasing power of the expatriate manager with that of employees in similar positions in the home country and provides incentives to offset the inconvenience incurred in the location is known as

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The balance-sheet approach is designed to equalize the purchasing power of expatriate managers with that of their counterparts in the home country, while also offering incentives to compensate for the inconvenience of being in a foreign location.

The Total Compensation Plan That Equalizes the Purchasing Power of the Expatriate