An international premium is a significant pay raise awarded to expatriate employees working abroad.

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Quizplus · Accepted Answer

An international premium is a real concept and refers to a significant pay raise offered to expatriate employees to compensate for various expenses and hardships associated with living and working abroad. It is designed to recognize the additional costs of living in a foreign country, such as accommodation, schooling, healthcare expenses, and other indirect costs that are not accounted for in regular employee compensation packages. This type of compensation is also intended to incentivize highly qualified employees to take on an international assignment, as it can be seen as an acknowledgment of the employee's value to the company.

An International Premium Is a Significant Pay Raise Awarded to Expatriate