Most North American companies use the ________ approach to formulating expatriate pay.

Question

Quizplus · Accepted Answer

The balance sheet approach is the most commonly used approach for formulating expatriate pay in North American companies. This approach seeks to balance the employee's purchasing power and standard of living in the host country with their home country. It uses a combination of base salary, cost of living adjustments, and additional benefits to ensure that the expatriate is not financially disadvantaged by their overseas assignment.

Most North American Companies Use the ________ Approach to Formulating