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The textbook details five contextual factors that are highly relevant to international compensation. After you read the in-depth discussions of each of these five factors,

The textbook details five contextual factors that are highly relevant to international compensation. After you read the in-depth discussions of each of these five factors, select the one factor that you feel has the greatest potential impact on compensation policies for multinational corporations. Tell us why your chosen factor is so impactful, point out some of the potential pitfalls due to variations in that factor across countries, and suggest steps management can take to combat those pitfalls. For clarity, the five factors are: social contracts, cultures, trade unions, ownership and financial markets, and managers' autonomy

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