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How MNCs Compensate Expatriates

How do MNCs compensate expatriates? In order to fairly compensate the expatriates, what four components of a compensation package must be considered?

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When developing a compensation package for an expatriate, companies will usually choose one of six different approaches.

1) The approach firms use when they first begin sending expatriates overseas is negotiation in which a separate compensation package is negotiated for each individual expatriate.

2) The next approach, localization, is fairly new and the compensation package is based on the wages of local nationals.

3) When ...

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