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Types of Expatriate Compensation and Employees

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TYPES OF EMPLOYEES  Expatriates  Third-country nationales  Local-country nationales
COMPONENTS OF EXPATRIATE COMPENSATION •Salary •Financial allowances
COMPONENTS OF EXPATRIATE COMPENSATION •Family support •Social adjustment assistance
EXPATRIATE COMPENSATION APPROACHES  Balance Sheet Approach  Modified Balance Sheet  Lump-sum/Cafeteria Approach
CORPORATE MIND SET •Localizer •Exporter •Globalizer
EXPATRIATES VS. LOCAL-COUNTRY NATIONATS •Cost •Corporate Culture •Competitive Advantage •Quality
SOURCES  www.culpepper.com/ebulletin/2008/juneexpatriate.asp  www.us-expatriate-handbook.com/chpt7.htm  www.therecruiterslounge.com  CompensationL 9th Edition, Milkovich & Newman, McGraw Hill Companies 2008

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