If there is any rewards topic beyond executive pay or long term incentives that is complex and has very sketchy data or publicly available reports, it is expatriate compensation. Given the manner in which markets are opening up and economic boundaries are dissolving, talent is shifting in both directions. It is not only about Indian talent moving to other economies, but people from other countries are also entering India with the purpose of working here. Those who are sent on international transfer through their companies, will come as Expatriates typically. As compensation professionals, we should have at least base level knowledge of how this area works.
There are consulting firms which do provide benchmarks for this element of salary, but before we explore that, here are some basic guidelines to get insights into expat compensation and salaries.
The scenario about high expatriate compensation has undergone a change. There is a significantly large talent pool which is now employable and skilled, for the same roles...