Localization

1521

Term: Localization

Definition:For an employee on an international assignment, localization means that allowances intended to ease the adjustment to living in the assigned location are phased out to the extent that the employee’s compensation package is like that of a local hire.

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CoursePage Number
93 - Global Mobility and the Relocation of an Employee to an International Assignment 4
92 - Expatriate Compensation 3
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