International compensation is:

Question

Quizplus · Accepted Answer

International compensation is more complex than domestic pay due to the additional challenge of balancing centralization and decentralization of pay forms in multinational enterprises, as well as outsourcing which can further complicate the process. Option A is incorrect because international compensation involves additional factors such as currency exchange rates, tax laws and cultural differences that make it more complex than domestic pay systems. Option B is incorrect because international compensation is critical to multinational enterprises to ensure that they are able to attract and retain employees in various locations. Option C is incorrect because while expatriate pay practices may be a part of international compensation, it is not equivalent to the entire topic of international compensation which covers all forms of pay for employees in different countries.

International Compensation Is