In regard to the types of allowances often included in an expatriate's compensation package,a(n)______________ allowance is often paid to ensure that the expatriate will enjoy the same standard of living in the foreign posting as at home.

Question

Quizplus · Accepted Answer

The allowance that is paid to ensure that the expatriate will enjoy the same standard of living in the foreign posting as at home is a cost-of-living allowance. This allowance is meant to cover the higher cost of living in the foreign country, including things like housing, food, transportation, and other expenses. Hardship, education, and compensation allowances are also commonly included in expatriate compensation packages, but they serve different purposes. Hardship allowances are meant to compensate expatriates for living and working in a challenging or dangerous environment. Education allowances are meant to cover the cost of schooling for the expatriate's children. Compensation allowances are meant to compensate the expatriate for the inconvenience and disruption of being away from home and family.

In Regard to the Types of Allowances Often Included in an Expatriate's