Question: Successfully managing compensation and benefits in a multinational context: Does not require familiarity with currency fluctuations Requires knowledge of employment and taxation law, customs, environment,

Successfully managing compensation and benefits in a multinational context: Does not require familiarity with currency fluctuations Requires knowledge of employment and taxation law, customs, environment, and employment practices of many foreign countries Does not require the use of a base salary Requires the use of both the going rate approach and the balance sheet approach to international compensation

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