About local-plus compensation

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Reference no: EM133825975

Question

In the context of the three types of expatriate compensation plans, identify a true statement about local-plus compensation. It works well under certain conditions-for example, when transferring an employee with very limited home-country experience to a developed country. It is an ineffective alternative when employees are coming from lower-wage to higher-wage countries as well as for permanent transfers and localized expatriates. It is increasingly used for training or developmental assignments, for roles with significant incentive compensation, and for self-initiated assignments. It facilitates mobility among the expatriate staff in the most cost-effective way possible.

Reference no: EM133825975

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