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Question

Need help developing a compensation plan and listing three benefits

that should be offered to the expatriate, while demonstrating the following course outcomes.


course outcomes:
•Distinguish national and global culture and the impact they have on the globalized workforce in order to contribute to human resource practices across countries and cultures


•Analyze and assess global human resource policies, practices, and functions in order to
meet an organization's goals and objectives while maintaining the values and traditions of
the local culture


Scenario:


The management team has now hired 4 managers, who are PCNs (parent country nationals).


Now they need to figure out how to develop a compensation plan that is aligned with the
company's compensation but also takes into consideration the host country's financial
situation. You are asked to:


a. Put together a compensation plan along with a balanced scorecard. Assume that the base
salary of a manager in the U.S. is $5500 a month. You may need to do some additional research to find out what taxes are in London, what is a typical housing allowance, and
cost of living.


b.List the top three benefits that should be offered to the expatriate. Explain why you
chose these as the most important.


References to review and use:


Global Compensation
https://learn.umgc.edu/content/enforced/562010-027231-01-2208-OL1-6382/Global%20Compensation1.pdf?_&d2lSessionVal=QTGD4udL9mjr1fB3eguOib4UC


International_Compensation Comparative
https://learn.umgc.edu/content/enforced/562010-027231-01-2208-OL1-6382/International_Compensation.pdf


Balance Sheet sample
https://learn.umgc.edu/content/enforced/562010-027231-01-2208-OL1-6382/Balance%20Sheet%20Approach%20to%20Compensation%20(sample).docx?_&d2lSessionVal=QTGD4udL9mjr1fB3eguOib4UC


Avoid Global Compensation Obstacles
https://learn.umgc.edu/content/enforced/562010-027231-01-2208-OL1-6382/Avoid%20These%20Global%20Compensation%20and%20Benefits%20Plan%20Obstacles.pdf?_&d2lSessionVal=QTGD4udL9mjr1fB3eguOib4UC

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