Laura accepted a temporary expatriate assignment.Since she will be keeping her apartment in her home country and getting a temporary apartment in her host country,she asked to be paid partly in her home-country currency and partly in her host-country currency.Laura is requesting the ______ approach to expatriate compensation.
A) balance sheet
B) split-pay
C) lump-sum
D) localization

Question

Quizplus · Accepted Answer

The split-pay approach to expatriate compensation involves paying the employee partly in home-country currency and partly in host-country currency. This approach is often used when the employee maintains financial obligations in their home country, such as an apartment or mortgage. The balance sheet approach involves providing allowances or reimbursements for expenses incurred due to the international assignment, while the localization approach involves paying the employee based on local market rates. The lump-sum approach provides a fixed amount of money for the employee to cover all expenses related to the international assignment.

Laura Accepted a Temporary Expatriate Assignment