MGMT 435

Non-monetary rewards are the primary component of a package of allowances; the foundation for international compensation

The going rate approach uses the salary scale of the parent country

With tax protection, if the taxes are lower in the host country, the employees keeps the excess money.

COLA stands for cost of living adjustment

An advantage of the going rate approach is that it brings equality of PCN pay scales to rival HCN pay scales

Foreign service inducements are given to HCNs

Education allowance is given for the spouse of the expat