Compare and contrast global workers, expatriates, local nationals, and third-country nationals.
business
Description
Compare and contrast global workers, expatriates, local nationals, and third-country nationals. What impact, if any, do they have on international pay systems? Explain. Understanding international compensation begins with the recognition of differences and similarities, along with figuring out how to best manage them. How people get paid around the world depends on variations. There are five contextual factors believed to be relevant in international compensation. Identify and discuss these factors and variations.
