Lump-sum compensation

Lump-sum compensation is a single payment made at one time. An extra amount of money paid at one time rather than on a regular basis (for example, an expatriate may receive a lump-sum payment to cover the extra costs of the assignment related to housing, taxes, dependent education, and transportation).

Definition

According to the HRBoK Guide,

Lump-sum compensation. A single payment made at one time. An extra amount of money paid at one time rather than on a regular basis (for example, an expatriate may receive a lump-sum payment to cover the extra costs of the assignment related to housing, taxes, dependent education, and transportation).