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The Balance Sheet Model Is the Most Common Approach to Expatriate

question 41

Short Answer

The balance sheet model is the most common approach to expatriate compensation and is used by nearly three-quarters of the firms responding to a recent global survey. What is the key aim of this model and what one aspect of an expatriate's compensation is not impacted? Briefly describe the four basic expense categories used by the model.


Definitions:

Normally Closed

Refers to a switch or relay that is in a closed (conducting) state when at rest, opening only when activated.

Overload Contacts

Electrical contacts designed to open or close in response to an overload condition, providing protection to circuits and devices.

Wiring Diagram

A wiring diagram is a simplified conventional pictorial representation of an electrical circuit, showing the components of the circuit and their connections.

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