Acme Global is sending Emma on a two-month expatriate assignment.Emma will receive one check to cover her pay for the entire assignment.It appears Acme Global is using the _________ approach to expatriate compensation.
A)balance sheet
B)split-pay
C)lump sum
D)localization
E)equalization

Question

Quizplus · Accepted Answer

The lump sum approach involves providing a one-time payment to the expatriate to cover all costs related to the assignment, including salary, benefits, and relocation expenses. This approach is simpler for both the company and the employee, as it avoids the need for ongoing compensation adjustments and allows the employee to manage their own finances.

Acme Global Is Sending Emma on a Two-Month Expatriate Assignment