Question: please answer the below 2 questions : 1- 350 words Compare and analyze the advantages and disadvantages of the two main approaches for international compensation,
please answer the below 2 questions :
1- 350 words
Compare and analyze the advantages and disadvantages of the two main approaches for international compensation, namely, the Going Rate Approach and the Balance Sheet Approach. Additionally, provide a real-world example or case study that demonstrates the practical implications and challenges associated with implementing each approach.
2- 350 words
Discuss the primary components of a formal repatriation schedule in most cases. Analyze the reasons why multinational corporations necessitate a well-engineered repatriation program and examine its relationship with pre-departure training. Provide real-life examples or case studies to illustrate the challenges and benefits associated with effective repatriation practices.
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