One method of compensation in a global business is to pay a similar base salary company wide or region wide and offer expatriates an allowance based on specific market conditions in each country. This is known as _____.Group of answer choicesbroadbandingthe balance sheet approachskills-based paycompetence-based paya pay grading system

The most common approach to international compensation is the _________________.Group of answer choicesbalance sheet approachgoing rate approachlocal plus approachlaissez-faire approach

Which of the following best explains the localized compensation strategy?Group of answer choicesIt is a performance-based method of payment to motivate employees to perform better.It is a pay banding system based on regions to balance out cost-of-living considerations.It is payment to compensate for the challenge that an overseas assignment involves.It is an increment based on the employee's length of time spent on the job.It is a method of payment that allows expatriates working abroad to claim taxes paid overseas on their US tax forms.

In this approach, the base expatriate salary is linked to the salary structure in the host country. What is this approach?Group of answer choicesBalance sheet.Laissez-faireLocal plus.Going rate.

_____ allows expatriates working abroad to claim taxes paid overseas on their US tax forms, reducing or eliminating double taxation.Group of answer choicesLocalized compensation strategyBalance sheet systemPayroll tax creditOverseas premiumForeign tax credit

How are salary payments of employees managed by the organisation?Group of answer choicesa. It remunerates employees on a set date no matter how they have performedb. It is divided into equal payments supplied at the end of each payment periodc. It is reviewed each year and can be decreased if an employee does not performd. It consists of a basic amount, plus a possible performance commission