Adjusting wages to local lifestyles and costs of living refers to which expatriate compensation system?

Question

Quizplus · Accepted Answer

The host-based compensation system involves adjusting the expatriate's wages to the cost of living and local lifestyles in the host country. This approach is different from the headquarters-based compensation system that pays the expatriate based on their home country's wage rates, and the balance-sheet method that tries to equalize purchasing power between home and host countries. The global pay system seeks to standardize wages for all employees across different countries.

Adjusting Wages to Local Lifestyles and Costs of Living Refers