Which compensation approach attempts to provide expatriates with the same standard of living in their host countries as they enjoy at home plus a financial inducement for accepting an overseas assignment?

Question

Quizplus · Accepted Answer

The balance sheet approach attempts to provide expatriates with the same standard of living in their host countries as they enjoy at home, while also providing a financial inducement for accepting an overseas assignment. It involves calculating the differences in costs of living and includes benefits such as housing, taxes, education, and relocation expenses, among others.

Which Compensation Approach Attempts to Provide Expatriates with the Same