Understanding international compensation begins with recognizing differences and similarities and figuring out how to best manage them.

Question

Quizplus · Accepted Answer

This statement is true. Understanding the differences and similarities in compensation practices across different countries is crucial in effectively managing a global workforce. It allows companies to create fair and competitive compensation packages that are attractive to employees in different countries and comply with local laws and regulations.

Understanding International Compensation Begins with Recognizing Differences and Similarities and Figuring