Detailed the key components of an international compensation program.
Outlined the two main approaches to international compensation (the Going Rate and the Balance Sheet) and contrasted the advantages and disadvantages of each approach.
Outlined special problem areas such as taxation, obtaining valid international living costs data, and the problems of managing TCN compensation.
Presented a model of global pay that highlights the complexity and yet familiarity of pay practices in the global context.
The combination of pay decisions based on strategic global standardization and sensitivity to changing local and regional conditions that characterizes the state of international pay practices.