DETERMINANT OF THE COMPENSATION POLICIES FOR EXPATRIATES WORKING IN SAUDI ARABIA
Abstract
Compensation policies are an important element for employees working in any organization. It determines the benefits received in terms of monetary and non-monetary value. This work was done to analyze the determinants of compensation policies for expatriates working in Saudi Arabia. The objectives were to understand the different policies of compensation in the different companies and the factors they consider in determining the remuneration of their employees. The methodologies used in this study were qualitative research methodology, focusing on interviews as the first primary source of data collection by interviewing six different companies as sample size, each with a number of employees of one hundred and more, with the exception of two companies with employees of less than one hundred. The result that was found for this issue was that the majority of companies base their compensation on a specific factor, i.e., Experience. Experience. However, there are some other factors that are considered but not applied in all companies, such as specialized training, degrees, marital status and the organization from which the applicant originates. It is recommended that this study be carried out on a larger sample size in order to collect more data and to understand a different aspect of the determinants of compensation policies for expatriates working in Saudi Arabia.