Explain, Why companies have to prepare their employee when transferring overseas ?
Keep the employee “whole”, so that the employee
will realize neither significant financial advantage nor
disadvantage.
• Treat the expatriate the same as existing employees
in the host country.
• A combination of these two approaches.
To encourage employees to undertake expatriate
assignments and improve the chance of the assignment’s
success, most employers take the “keep whole” approach.
The keep whole approach requires that employers provide:
• Compensation and benefits competitive with home
country peers.