Getting It Right
The reasons for doing so are simple. The right combination of corporate rewards will allow your business to attract and retain the best candidates overseas, motivating them to achieve more and stay loyal to your workforce. Importantly, the best compensation package will also make your business competitive against other in-country recruiters, especially when combined with an effective employee benefit scheme.
In the case of expatriate employees executive compensation is especially significant. You need to make it worth your team members’ time to uproot their family and home life. Once in their new location, you need to ensure those employees are happy and working effectively, or face your business' time and financial resources being wasted when they choose to leave their posting abroad.