Which of the following allowances ensures that an expatriate will enjoy the same standard of living in the foreign posting as at home?
A) Hardship allowance
B) Base salary allowance
C) Cost-of-living allowance
D) Quality-of-life allowance
E) Housing allowance

Question

Quizplus · Accepted Answer

Cost-of-living allowance is designed to ensure that the expatriate's purchasing power in the foreign country is similar to that in their home country. This allowance is adjusted based on the cost of goods and services in the foreign posting location. Hardship allowance is paid if the location is deemed particularly difficult or hazardous. Base salary allowance is the normal salary paid to the expatriate, and it may be adjusted for cost of living, tax equalization, or other factors. Quality-of-life allowance and housing allowance are additional allowances that cover specific costs associated with living in a foreign country, such as education or housing expenses.

Which of the Following Allowances Ensures That an Expatriate Will