Final answer:
Home-based pay is a compensation system designed to match the purchasing power in a person's home country. False.
Step-by-step explanation:
Home-based pay is a compensation system designed to match the purchasing power in a person's home country.
False.
Home-based pay, also known as purchasing power parity (PPP), is a method used to convert different currencies into a common currency so that the purchasing power of individuals in different countries can be compared accurately. It takes into account the differences in price levels between countries and adjusts the exchange rate accordingly. Home-based pay does not necessarily mean that individuals receive the same compensation in their home country; it is a concept used to understand and compare buying power between countries.