In terms of expatriate pay,which of the following is true of a foreign service premium?
A)It ensures that expatriates' children receive adequate schooling.
B)It helps to evaluate expatriates' performance without any unintentional bias.
C)It ensures that expatriates are prepared for reentry into their home-country organization.
D)It is paid as a percentage of base salary,with 16 percent being the average premium.
E)It allows a firm to pay expatriates' income tax in the host country.

Question

Quizplus · Accepted Answer

A foreign service premium is an additional payment made to expatriates, usually as a percentage of their base salary, to compensate for the difficulties and inconveniences of living and working overseas. It can vary based on factors such as the location, duration, and nature of the assignment. The average premium is typically around 16 percent of base salary. The other options, such as adequate schooling for expatriates' children or preparation for reentry into the home-country organization, are not related to the foreign service premium.

In Terms of Expatriate Pay,which of the Following Is True