Examlex
Competencies are observable and measurable behaviors, and organizations are required to define competencies based on quantifiable standards developed by the Department of Labor.
Local Compensation Issues
Challenges related to providing fair and competitive wages that accommodate the cost of living and labor laws in specific locations.
Multinational Corporations
Large businesses that operate and have assets in multiple countries, managing production or delivering services in various international locations.
Hardship Premium
Additional compensation provided to employees who are assigned to work in locations where living conditions are considered more difficult or hazardous than in their home country.
Exporting
The process of selling goods or services produced in one country to buyers in other countries.
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