Describe the best compensation approach

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Reference no: EM13108459

1, Identify which compensation approach you believe is best? (Going rate approach or the balance sheet approach) Describe the approach you choose and C - detal the advantages aand disadvantages of this approach as they relate specifically to the hotel management position in France.
2. A plan that will entice existing employees to work abroad.
Explain the difference between domestic and internatio nal compensation.
3. Explain how you would induce Burnt's current employees to accept the international assignment? How much of a base salary will you propose offering the managers. c. What percentage of base salary will the inducement comprise? Be specific - express the computations in % and in Euros amounts.
4. Of the Allowances mentioned in your textbook, identify at least 4 to be offered in this case.( b.) What % of base salary will the inducement comprise? Be specific - express the computation in % and in Euros amounts - Be sure to include the COLA as one of your allowances.
5. Burnt Hotels wants:
3. a good range of incentives (Variability)
A. Now that you have determined the component of the salary for the international hotel manager, what benefits will you include in the compensation package. B.) What're the main points you will have to consider when deciding how to provide the benefits you are proposing? For example, what considerations are there for pension plans?

Reference no: EM13108459

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