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US vs India
Base Salary: US - 3,500
Housing Allowance
Health Insurance
Contribution to 401K
School tuition for children
Yearly Return to Home Country
Income Taxes
Overseas Premium
Total Cost to Employee
A. Put together a compensation plan along with a balance sheet of the components above for USA and INDIA. Assume that the base salary of a representative in the U.S. is $3500 a month. What should be paid in India and why?
B. List the top three benefits that should be offered to the expatriate. Explain why choosing these is the most important. Make sure the cost is included in the balance sheet.
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