A system whereby expatriates are given a portion of their pay in the local currency to cover their day-today expenses and a portion of their pay in their home currency to safeguard their
Earnings from changes in inflation or foreign exchange rates is known as:

Question

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The system described is called split pay because the expatriate is receiving a portion of their pay in two different currencies. Host based pay refers to paying employees based on the local market of the host country, which is not the case in this scenario. Localization refers to the process of adapting a product or service to meet the language, cultural, and other specific requirements of a particular country or region, and is also not relevant to this question. Home based pay refers to paying employees based on the standards of their home country, which is also not applicable here.

A System Whereby Expatriates Are Given a Portion of Their