Comprehensive and effective international compensation

Assignment Help Business Management
Reference no: EM1318856

You are the total rewards director for a large domestic manufacturing company. The CEO has announced that they will be opening a new foreign production plant next year in Mexico. This new plant needs to be up and running by the deadline set by the CEO. In order to meet that deadline the company must send ten U. S. based employees, including some upper-level managers, to Mexico to get the new plant functional.

The CEO has come to you and asked for you to design a comprehensive and effective international compensation package to encourage the employees selected to take the assignment. Draft a memo to the CEO explaining the new international compensation program. In your memo you will need to describe the exact level of pay and benefits you want to commit to the program. For the purposes of this exercise you can assume that all 10 expatriate positions are equal and the domestic equivalent salary is $80,000. Make sure you indicate which base pay calculation you have chosen and what benefits should be offered. Be as specific as possible and provide references to support your answer.

Your answer should be at least two pages (double spaced) in length and make sure you apply APA format to your
assignment

Reference no: EM1318856

Questions Cloud

Valid contract-cancellation clause : Did Montgomery and Manning form a valid contract? Would your answer be different if the cancellation clause had been in every policy between Montgomery and Manning, or if this were the first time there was such a clause?
What would be the magnitude of acceleration : A lightweight string of length 60cm is attached to the ceiling at points separated by distance. Three objects of equal mass are hung from the string, separating the string into 4 equal segments of length L. If θ = 40, find the measure of angle φ a..
Determine the vertex, intercepts and domain : Determine the vertex, intercepts and domain
How would the apparent brightness of an object : If the maximum acceleration the vehicle's brakes are capable of is -5 m/s2, what is the maximum reaction time of the motorist that would allow her or him to avoid hitting the deer.
Comprehensive and effective international compensation : The CEO has come to you and asked for you to design a comprehensive and effective international compensation package to encourage the employees selected to take the assignment. Draft a memo to the CEO explaining the new international compensation p..
Joint-marginal and conditional probabilities : What is the probability of getting someone who is in the 23-30 age brackets or whom smokes?
Find out the acceleration of the rocks : A college campus features a large fountain surrounded by the circular pool. Two students start at the northernmost point of pool and walk slowly around it in opposite directions.
Determine the perfect trinomial : Determine the perfect trinomial
Suppose that the block is not moving initially : A hawk is flying horizontally at 17.0m/s in a straight line, 160 m above the ground. A mouse it has been carrying struggles free from its grasp. The hawk continues on its path at the same speed for 2.00s before attempting to retrieve its prey.

Reviews

Write a Review

Business Management Questions & Answers

  Characteristic influencing rate of adoption

Biopure Corp. is developing a human blood substitute called Hemopure-Which product characteristic influencing the rate of adoption does this represent?

  Discuss its significance to the hiring

discuss its significance to the hiring also employee development aspects of human resource management.

  Essay on e-business environment

Choose a company that has transformed to the e-business environment. Prepare an academic essay that addresses the following:

  Lens of quantitative analysis

You will inspect a problem or issue through the lens of Quantitative Analysis. This incomes that you must choose a project that is very specific, focused and one on which you have a grasp of the inputs, process and outputs.

  Liquidates the entire inventory

Assuming that Attic's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum Chester's Elite product manager must spend in promotion to earn more awareness than Andrews' Attic product?

  Illustrate the two management styles

Using the text as well as other resources (all to be properly cited) illustrate the two management styles you see in the two articles Compare as well as contrast those two styles

  Design configuration of building

Discuss the layout and design configuration of a building you would like to use to house your business, including how you would comply with the Americans with Disabilities Act.

  Advantages in employing just in time philosophy

Analyze three (3) advantages in employing the just-in-time philosophy in your organization. Evaluate three to five (3-5) means in which the philosophy could potentially impact quality assurance. Provide specific examples to support your response.

  Total quality management

Total Quality Management and similar managerial commitments

  Decision productivity and competitiveness

Identify strengths as well as weaknesses in the areas such as follows- Decision making, productivity, competitiveness, morale, management turnover, compensation and so on

  Evaluate policy outcomes by applying a variety of methods

Evaluate policy outcomes by applying a variety of methods and techniques. Use technology and information resources to research issues in policy analysis and program evaluation.

  What type of instrument is this

On a sheet paper, Elle writes, without her sign, “I acknowledge that I owe Frank $600, payable out of the proceeds of the sale of my car, a 2003 Honda Civic, which I promise to advertise ‘For Sale’ next week.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd