Comp.- Global Rewards

Comp.- Global Rewards - Global Reward Systems 1 Global...

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Global Reward Systems 1
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Global Reward Systems Total remuneration The global organization The global employee Thinking global Recognizing local issues Legislation and regulation Culture Customary practices Building a global system 2
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Total Remuneration Global rewards managers frequently refer to the total rewards received by employees as “total remuneration” 3
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The Global Organization Stages 1. National company exporting goods 2. National company with overseas branches 3. Multinational 4. Transnational with business unit headquarters located in multiple countries 5. Global organization 4
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The Global Organization (continued) The true global seeks competitive advantage through a uniform organizational culture, common technologies, and common terms and conditions for its human capital in the context of Different legal systems, sociocultural expectations, economies and opportunities 5
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The Global Organization (continued) Globalization is not standardization 6
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Employees of the Global Organization Headquarters domestic employees Expatriates Foreign (local) nationals Third country nationals (may vary by business unit) 7
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Employees of the Global Organization (continued)
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This note was uploaded on 01/23/2012 for the course HRM 313 taught by Professor Charlesfaye during the Fall '10 term at Rutgers.

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Comp.- Global Rewards - Global Reward Systems 1 Global...

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