Explain the balance sheet approach to international compensation packages. Why is this approach so important? Discuss the

Question:

Explain the approach to international compensation packages. Why is this approach so important? Discuss the pros and cons of aligning the expatriate compensation package with the host-country colleagues compared to the home-country colleagues.
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...