A Compensation Package for a New Expatriate Position
Create a compensation package for a new expatriate position, including pay or salary and benefits.
Describe key factors and decisions to make regarding base pay. Specifically, discuss how base pay would be determined, what factors influence base pay, and in what way. Analyze pay considerations specific to expatriate positions. Consider foreign service premiums, incentive pay, hardship allowance, mobility premium, and the like. Analyze legally required benefits for an employee, including social security, Medicare, federal and state unemployment, and worker’s compensation. Also, discuss any legally required benefits that may be different in England compared to the United States. Analyze standard benefit offerings. Include health insurance, paid time off, employee assistance programs, et cetera.