Module One: Fundamentals

Summary of Sessions

The Balance Sheet Approach Introduction to the balance sheet approach. Elements of compensation, balance sheet mechanics, and terminology.
The Home Base Establishing the home base; review of tax equalization.
Premiums Structuring the incentive element in the balance sheet. A review of mobility premiums and location-specific hardship.
Commodities & Services Allowances Measuring costs and establishing allowances, including data collection and allowance methodology.
Adjusting for Change: Currency & Inflation Adjusting allowances for changes in exchange rates and inflation; guidelines for allowance updates. Evaluating the currency protection schemes.
Housing & Utilities Housing program objectives and techniques. Measuring costs and establishing allowances. Evaluating effectiveness of different program approaches.
Overview Evaluating the expatriate compensation program; typical program challenges and responses, trends overview.