With regard to expatriate pay, the ___________________ equalises purchasing power across countries, so employees can enjoy the same living standard in their foreign posting as they enjoyed at home.

Question

Quizplus · Accepted Answer

The balance sheet approach is used to equalize purchasing power across countries for expatriates, ensuring they maintain a similar standard of living abroad as they would at home. This method considers various factors such as cost of living, housing, and taxes to adjust the expatriate's compensation package accordingly.

With Regard to Expatriate Pay, the ___________________ Equalises Purchasing Power