Download or read book Selecting compensation as an element to illustrate the difficulties multinational companies face in utilising expatriates written by Manfred Daberto and published by GRIN Verlag. This book was released on 2008-03-04 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2003 in the subject Leadership and Human Resources - Miscellaneous, grade: 2, University of Manchester, language: English, abstract: The workplace has changed the last years. The employees enjoy more career opportunities. Their acceptance of an international assignment depends on a large degree on the organisation’s compensation policy. The expatriate compensation policy should follow the same principles as the domestic compensation in order to attract, retain and motivate employees to fulfil the expectations of the company within a determined budget (Jagatsing, 2000). The expatriate defined means “an employee of one company who is sent for a limited period of time from his or her place (country) of domestic employment to a place of assignment, for the purpose of working for and providing services to a receiving company.” (ASN, Services for Expatriates, March 2004). Compensation is “the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period.”(United Nations Statistic Division, March 2004). The difficulties of the compensation of an expatriate lie in different economic systems, development models, political and institutional contexts, different pension systems, taxation issues and different cultures and traditions. Expatriate compensation is very complex and a challenging issue. Black (1991 in Suutari and Tornikoski, 2001) argued that 77 per cent of the expatriate managers were dissatisfied with their salaries and their compensation package. Considering these difficulties and differences in the international context the Human Resource Manager has to ensure that the compensation is fair and that it is also cost-effective in today’s global market place.
Download or read book Selecting Compensation As an Element of the Expatriation Process to Illustrate the Difficulties Multinational Companies Face in Utilising Expatriates written by Manfred Daberto and published by . This book was released on 2013-12 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2003 in the subject Business economics - Personnel and Organisation, grade: 2, University of Manchester, 13 entries in the bibliography, language: English, abstract: The workplace has changed the last years. The employees enjoy more career opportunities. Their acceptance of an international assignment depends on a large degree on the organisation's compensation policy. The expatriate compensation policy should follow the same principles as the domestic compensation in order to attract, retain and motivate employees to fulfil the expectations of the company within a determined budget (Jagatsing, 2000). The expatriate defined means "an employee of one company who is sent for a limited period of time from his or her place (country) of domestic employment to a place of assignment, for the purpose of working for and providing services to a receiving company." (ASN, Services for Expatriates, March 2004). Compensation is "the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period."(United Nations Statistic Division, March 2004). The difficulties of the compensation of an expatriate lie in different economic systems, development models, political and institutional contexts, different pension systems, taxation issues and different cultures and traditions. Expatriate compensation is very complex and a challenging issue. Black (1991 in Suutari and Tornikoski, 2001) argued that 77 per cent of the expatriate managers were dissatisfied with their salaries and their compensation package. Considering these difficulties and differences in the international context the Human Resource Manager has to ensure that the compensation is fair and that it is also cost-effective in today's global market place.
Download or read book Compensation in Multinational Companies Models and Objectives written by Francesca Müller and published by GRIN Verlag. This book was released on 2020-08-07 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2020 in the subject Business economics - Operations Research, grade: 1,3, Heilbronn University, language: English, abstract: In this paper, the first part focuses on the importance of a compensation system and its objectives for multinational companies. In the further course of the paper, various compensation models are presented and examined for their strengths and weaknesses. In a further chapter, various principles for the design of a company's compensation policy are described. In the last point of this paper the author will give a conclusion. National borders have become less important in recent years in many ways. Companies are organizing their economic activities increasingly away from national borders. Due to this development towards a global economy, large corporations as well as more and more medium-sized companies are forced to become active worldwide. During globalization, it has been clearly observed in recent decades that requirements for global compensation of employees are changing significantly. Multinational companies increasingly must make changes in their compensation policies that initially do not match the culture and tradition of their country. A high degree of flexibility is necessary here in order to achieve positive development. Culture is a strong driver for the relationship between basic salary, variable compensation, benefits, and other fringe benefits. As a result of these developments, the tasks of personnel management in multinational companies are becoming more and more diverse and the adjustments to internationalization more and more important. Among the tasks of personnel management, compensation is of importance. The regulations in the national context are very different from those at international level. In the absence of legal and collective agreement regulations, multinational companies must be able to comply with different country-specific regulations while establishing and maintaining a consistent, strategic pattern of compensation policies and practices. HR managers must have specialist knowledge that extends far beyond the national level.
Download or read book Expatriate Management written by Benjamin Bader and published by Springer. This book was released on 2016-12-14 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides state-of-the art research on expatriate management from a European perspective. Considering issues related to the different phases of expatriation and comprehensive contemporary topics of expatriate management, the chapters present a long overdue holistic approach to the field. Rather than just publishing a counterweight to the predominant North American literature, Expatriate Management includes critical analyses of each chapter written by a number of renowned North American scholars to review and contribute to the trans-Atlantic dialogue.
Download or read book International Success written by Meena S. Wilson and published by . This book was released on 1998-08-24 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The selection - development - support framework described in this report not only identifies the important factors to consider when working overseas but also specifies ways to develop a talent pool of effective expatriates.
Download or read book Global Management written by Mark E. Mendenhall and published by Wiley. This book was released on 1995-04-06 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Management d is the new international management text for undergraduates, covering both strategy and the human resource function in a global context. Written by an authoritative author team, it features: * Coverage, in three main sections, of the Global Picture, the Firm Picture and the People Picture * A comprehensive list of references * Classroom-tested experiential exercises that relate to different countries, different sized organizations, and different people for flexible learning * Discussion questions at the end of each chapter * Long and short cases
Download or read book Global Mobility and the Management of Expatriates written by Jaime Bonache and published by Cambridge University Press. This book was released on 2020-11-26 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of the practical implications for organizations that manage international employees, and individuals who are currently or aspiring expatriates.
Download or read book The Routledge Companion to International Human Resource Management written by David Collings and published by Routledge. This book was released on 2014-11-13 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: International human resource management (IHRM) is a key area of research in the sphere of international business and management. Described as a field in its infancy in the 1980s, IHRM has quickly advanced through adolescence and into maturity. Today, it is a vibrant and diverse discipline which boasts a large and active body of researchers across the globe. This volume examines cutting-edge themes, with the input of contributions from both established and emerging scholars. The Routledge Companion to International Human Resource Management gives a state-of-the-art overview of the key themes, topics and debates in the discipline, with valuable insights into directions for future research. Drawing on a large and respected international contributor base and with its focus on mature and emerging markets, this book is an essential resource for researchers, students and IHRM professionals alike.
Download or read book International Human Resource Management written by Anne-Wil Harzing and published by SAGE. This book was released on 2014-11-25 with total page 757 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I enthusiastically endorse the fourth edition of IHRM. The editors are to be congratulated for recruiting the top-rated authors in this field to contribute to this volume. The chapters are up to date, insightful, and sometimes even provocative. Students, including post-grads and advanced undergraduates, as well as savvy practitioners, will benefit from reading this volume." Neal M. Ashkanasy, Professor of Management, The University of Queensland Anne-Wil Harzing and Ashly Pinnington’s bestselling textbook has guided thousands of students through their International Human Resource Management studies. The fourth edition retains the critical edge, academic rigour and breadth of coverage which have established this book as the most authoritative text on the market. The new edition by our international team of experts provides an even more stimulating journey through the core curriculum, contemporary debates and emerging issues in IHRM. New for the fourth edition: Reduced number of chapters to allow for greater depth and an improved structure ensuring fundamental topics underpin your knowledge Expanded coverage of Equality and Diversity, Corporate Social Responsibility and Sustainability and Cross-Cultural Management in line with developments in the field New Stop and Reflect feature provides an opportunity to test your understanding at regular intervals This text comes with access to a companion website containing web links, SAGE journal articles and more.
Download or read book International Human Resource Management written by Michael Dickmann and published by Routledge. This book was released on 2008-04-18 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conducting business across national borders is nothing new; the Knights Templar were banking internationally as long ago as 1135. But modern globalization processes raise different challenges, and as the world becomes smaller and labour movements more common, an international understanding of human resource management is essential. The second edition of International HRM provides a fully updated and revised analysis of this important area. Its innovative, multi-disciplinary approach allows a holistic picture to emerge in which key issues are assessed from organizational, individual and societal perspectives. The collection is divided into three parts: the contemporary internationalization context the management of international employees strategic issues facing international HR managers. Supported by new research, and including work from eminent writers in the field, this book discusses issues as diverse as the relative absence of women in international work, the ethical merits of localization, and the context faced by organizations like the United Nations. It is a valuable tool for all students, researchers and practitioners working in international business and human resource management.
Download or read book Global Business written by Daniel Johannes Venter and published by Oxford University Press, USA. This book was released on 2007 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to increase the understanding of global business issues and helps to develop a global business mindset for managers of small, medium and large companies.
Download or read book Global Talent Management written by Hugh Scullion and published by Routledge. This book was released on 2011-04-27 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book draws on recent theoretical contributions in the area of global talent management and presents an up to date and critical review of the key issues which MNEs face. Beyond exploring some key overarching issues in global talent management the book discuses the key emerging issue around global talent management in key economies such as China, India, the Middle East and Eastern Europe. In contrast to many of the currently available texts in the area of global talent management which are descriptive and lacking theoretical rigor, this text emphasizes the critical understanding of global talent management in an organizational context. Drawing on contributions from the leading figures in the field, it will aid students, practitioners and researchers alike in gaining a well grounded and critical overview of the key issues surrounding global talent management from a theoretical and practical perspective.
Download or read book Managing Expatriates written by Brenton M Wiernik and published by Verlag Barbara Budrich. This book was released on 2017-12-18 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides in-depth examinations of a variety of individual, social, and environmental factors that contribute to the success of expatriate employees. Using data from numerous large-scale studies from both the public and private sectors, this volume provides valuable insights into expatriate success with implications for both theoretical understanding and practical management. The authors explore factors that influence employees to pursue expatriation, contribute to expatriate adjustment and satisfaction, and ultimately drive expatriate performance, well-being, and success. The chapters in this book consider the role of sociodemographic characteristics, personality and individual differences, training and preparation, and social and organizational support in contributing to each of these outcomes. Using findings from diverse countries and sectors and data-focused analytic techniques, this volume provides novel insights into factors promoting expatriate success.
Download or read book Global Careers written by Michael Dickmann and published by Routledge. This book was released on 2011-02-09 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: With interest in the global environment and the management of ‘talent’ increasing, understanding the issue of global careers is crucial for students and managers alike. This exciting book captures broad research extending to a large set of diverse motivations, experiences, and outcomes of international work in global ‘for profit’ and ‘not for profit’ organizations and delivers nuanced insights into the management of international employees for firms and governmental/non-governmental organizations. This text covers global career issues in-depth, working at the intersection of career and international human resource management and using a number of perspectives, such as organizational or individual ones. Chapters include: theories, frameworks and concepts supporting research/data where relevant managerial implications, summaries, learning points, figures and tables. Illustrated with up to the minute case studies from companies such as Pepsi, Imperial Tobacco, Cadbury Schweppes, PricewaterhouseCoopers, Philips, HSBC, Misys, Philip Morris International and Masterfoods, Global Careers is essential reading for all those studying or concerned with career management, human resource management and international business.
Download or read book Global Talent Management and Staffing in MNEs written by and published by Emerald Group Publishing. This book was released on 2016-09-12 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides insights into multinational enterprises’ (MNEs) global staffing and global talent management (GTM), and covers issues of global mobility from organizational, individual and contextual perspectives.
Download or read book Compensation and Benefit Design written by Bashker D. Biswas and published by FT Press. This book was released on 2012-12-07 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Compensation and Benefit Design, Bashker D. Biswas shows exactly how to bring financial rigor to crucial "people" decisions associated with compensation and benefit program development. This comprehensive book begins by introducing a valuable Human Resource Life Cycle Model for considering compensation and benefit programs. Biswas thoroughly addresses the acquisition component of compensation, as well as issues related to general compensation, equity compensation, and pension accounting. He assesses the full financial impact of executive compensation programs and employee benefit plans, and discusses the unique issues associated with international HR systems and programs. This book contains a full chapter on HR key indicator reporting, and concludes with detailed coverage of trends in human resource accounting, and the deepening linkages between financial and HR planning. Replete with both full and "mini" case examples throughout, this book will be valuable to a wide spectrum of HR and financial professionals, with titles including compensation and benefits analysts, managers, directors, and consultants; HR specialists, accounting specialists, financial analysts, total rewards directors, controller, finance director, benefits actuaries, executive compensation consultants, corporate regulators, and labor attorneys. It also contains chapter-ending exercises and problems for use by students in HR and finance programs.
Download or read book The End of Corporate Imperialism written by C. K. Prahalad and published by Harvard Business Review Press. This book was released on 2008-11-10 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hundreds of millions of people in China, India, Indonesia, and Brazil are eager to enter the marketplace. Yet multinational companies typically pitch their products to emerging markets' tiny segment of affluent buyers, and thus miss out on much larger markets further down the socioeconomic pyramid—which local rivals snap up. By applying the authors' recommendations, you can position yourself to compete innovatively in developing countries—and to unlock major new sources of revenue for your business. Since 1922, Harvard Business Review has been a leading source of breakthrough ideas in management practice. The Harvard Business Review Classics series now offers you the opportunity to make these seminal pieces a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world.
