International Compensation - As companies expand their markets globally

International Compensation

Instructions:

As companies expand their markets globally they also expand their employee base internationally. Interfacing with international employees by definition creates a number of new issues related to compensation.

Write a page to address the following questions:

• Distinguish between expatriates, local nationals, and third-country nationals with examples.
• Explain the general compensation strategies used by companies with worldwide operations in remuneration packages for each group.

Please be sure to validate your opinions and ideas with intext citations and references in APA format.