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Author:Conway, M. A.
Title:Manage expatriate expenses for capital returns
Journal:Personnel Journal
1987 : JUL, VOL. 66:7, p.66-70
Index terms:EXPATRIATE MANAGERS
BALANCE SHEETS
Language:eng
Abstract:In an effort to compensate expatriated employees, companies offer a variety of payments to supplement base salary. An employee assigned overseas receives an itemized printout of allowances from his company. The printout varies from employee to employee based on job title, US base salary, family status and country of assignment. These data reflect living costs. The problems come from the fact that the estimates for living abroad are not only ceilings but floors. Thus, if the balance sheet prepared by the company allocates $ 2,000 per month for housing, that amount becomes the cost of housing regardless of whether employees found less expensive accommodations. It is proposed that living allowance would be at the sole discretion of the expatriate.
SCIMA record nr: 68608
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