Myra will be moving to London as part of an expatriate assignment.Rather than try to figure out how to add-on to Myra's compensation,the organization decides to pay her as if she was a member of their London workforce.It appears Myra will be paid under the ______ approach to expatriate compensation.
A) balance sheet
B) split-pay
C) negotiation
D) localization

Question

Quizplus · Accepted Answer

The localization approach involves paying the expatriate as if they were a local employee, so Myra will be paid under this approach. The balance sheet approach would involve calculating and adding on various allowances to Myra's compensation to ensure that she is not financially worse off during her assignment. The split-pay approach involves paying the expatriate a base salary in their home country currency and a local currency allowance, while the negotiation approach would involve negotiating a compensation package specific to Myra's unique needs and circumstances.

Myra Will Be Moving to London as Part of an Expatriate