Judged by the sum of their special living allowances, bonuses and "hardship" pay, American businessmen working abroad are considerably better off than their stay-at-home counterparts. At least that is the conclusion of the National Industrial Conference Board in a report issued after a survey of 104 senior executives of U.S. corporations with international operations.
The report prompted one West German newspaper to comment that Americans abroad are paid "ducal salaries." It has stirred a somewhat different reaction from U.S. executives in Europe. "I read that and gulped hard," says Ed ward Roach,...
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