Localization compensation strategy
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Localization compensation strategy is expatriate salary based on the salary structure of the host country. Salary for an international assignee that is the same as the salary that a local employee receives for a similar job.
Definition
According to the HRBoK Guide,
- Localization compensation strategy. Expatriate salary based on the salary structure of the host country. Salary for an international assignee that is the same as the salary that a local employee receives for a similar job.