The lump sum payments given to employees, who move from one assignment to another are classified as?

Correct answer: B. mobility premiums

  • A. ethnocentric allowances
  • B. mobility premiums
  • C. hardship allowances
  • D. Foreign Service premiums

Explanation

Mobility premiums are lump-sum payments intended to support employees who move from one international assignment to another. Hardship allowances instead compensate for difficult conditions at a particular location.

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Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.

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