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Selecting the right expatriate benefits is an essential aspect of business management for companies that require international travel. The right expatriate benefits package provides great incentives for employees who are required to spend a lot of time away from home.
An expatriate is an employee who is not a citizen of the country in which they are working. For the most part, these individuals do not plan on acquiring permanent residence in the foreign country, and maintain their citizenship in their native lands. Therefore, when your company decides to send an employee overseas, it is essential that their compensation includes proper salary requirements and medical benefits.
Health care benefits are one of the major concerns of individuals who decide to work in foreign environments. Therefore, it is essential to select a health care package that can provide benefits for the employee both at home and overseas. For starters, consider the medical benefits offered through CIGNA or GoodHealth. Both of these companies offer comprehensive packages that specialize in the insurance needs of expatriate employees.
Furthermore, companies such as Executive Resources Limited and SalaryExpert offer a plethora of information about overseas salary requirements. In addition, these companies can also help calculate the cost of living expenses overseas.
For more information on expatriate benefits, visit the links on Business.com.