Draft a memo to the ceo explaining the new programs

Assignment Help HR Management
Reference no: EM131317272

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 upperlevel 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: EM131317272

Questions Cloud

What is net profit per share when futures contract expires : Consider a single-stock forward contract on Exxon-Mobil stock. Suppose that the contract expires before Exxon Mobil’s next cash dividend. Consider the following scenario: Risk-free interest rate: r = 3.24% per year, continuously compounded. An arbitr..
Problem regarding the bondholders and stockholders : Calculate the value of XYZ equity before and after the additional investment of $100MM. How will be divided the $100MM NPV gain between the bondholders and stockholders? Who will agree to provide these additional $100MM, stockholders or bondholder..
What is forward price on a forward contract that matures : The spot price of an investment asset is $43 per unit and the annual risk-free rate for all maturities (with continuous compounding) is 3%. The asset provides an income of $1.26 per unit at the end of the first and second years. Assuming no arbitrage..
What is your expected real rate of return : Canadian Treasury bills with 1-year to maturity have a yield to maturity of 0.98% peryear. If you expect inflation to be 1.4% per year over the upcoming year, what is your expected real rate of return?
Draft a memo to the ceo explaining the new programs : 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 ..
What is the current share price : What is the current share price? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Who is considered the father of expressionism : Who is considered the father of Expressionism? What artistic development is characterized by unique compositions, S-like shapes, elegance, and a lack of emotion
Design logic for this box to implement signaling function : The input S is 1 if the switch is set straight, 0 if it is turned. Give a logic diagram for this new module. You need not worry about logic modules for switches that split one incoming track into two outgoing tracks.
Point of view about the concept of risk and return : 1. Write your point of view about the concept of risk and return. Do you think they are related? What is the relationship, why is there one and how are they related?

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

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