Question

The most common approach to formulating a compensation package of an expat is the _____, which involves ensuring that the expat is "made whole" and does not lose money by taking the assignment. a. balance-sheet approach b. localization approach c. cafeteria approach d. regional system approach

Answer 1

Answer: balance-sheet approach

Explanation: The balance sheet approach is a method whereby all the amount of money taken in and brought out (credit and debit) must balance. This is to ensure that the value of the expat salary in their home country must match that in the foreign country.