MBA Semester 4 compensation and benefits unit-- international compensation
Compensation and Benefits International Compensation 1 Introduction Objectives 2 Expatriate Compensation and its Objectives Elements of Expatriate’s Compensation Problems in Compensation Management Summary Glossary Terminal Questions Answers Case Study you studied the concept of reward strategy in service sector, the method of developing reward policies, factors affecting reward management policies, process of designing a successful reward strategy and implementation of reward strategies. Now you will study the concept of international compensation. The basic purpose behind international compensation is to attract, retain and motivate personnel required in MNC at present and in future. International compensation helps an organisation to address issues of variation in living cost, laws, taxation policies and other factors in establishing compensation for expatriates, managers and...