Typical Pay Policy Expatriate Assignments Would Determine Entire Pay Package Q34204645

What is the most typical pay policy for expatriate assignments?How would you determine the entire pay package?

Expert Answer

Expatriate means an employee sent to abroad for specific timeperiod for executing certain assignments.

Generally there are 7 components for the expatriateemployees.

1. There should be basic salary for the expatriate employee. Twocomponents of basic salary are- Foreign service premium, andCost-of-living allowance
2. A salary premium is given to the expatriate employees for theassignment. This is done for the hardship caused by thetransfer.
3. Various allowances are also part of the policy. Such as Thecost-of-living allowance, Housing allowance, travel allowancesetc.
4. Educational allowances for children could also be included inthe policy.
5. Relocation
   OR

    

   PayPal Gateway not configured

   OR

    

   PayPal Gateway not configured