Opening a new foreign production plant

Reference no: EM13737952

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 two full pages (double spaced) in length and make sure you apply APA format to your assignment.

Reference no: EM13737952

Questions Cloud

Create a marketing plan for hospitality organization : Choose an existing hospitality organization in Lane County and develop a marketing plan for them based on their product-service mix, location, and target market. Be sure to define all of these in your plan

Write a paper on a wal-mart : Write a white paper on a Wal-Mart of your and discuss the market segmentation within that industry along with the target market for the company and the selection process for that target market

Company assess readiness for learning : How should a company assess readiness for learning? (Be sure to include characteristics of both the employee and the work environment.)

Talent pool management-engagement research : Synthesize the key characteristics of an effectively managed talent pool for leaders. Justify how you would initiate and maintain this talent pool of potential leaders.

Opening a new foreign production plant : 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.

Does the privacy statement include a specific provision : Locate a privacy statement on a Web site. In about 1-2 pages, answer the following questions: Does the privacy statement include a specific provision or provisions regarding the collection of information from children

What was the experience of relocation like for native people : What was the experience of relocation like for Native people? How did the Relocation Program give birth to a Pan-Tribal/Pan-Indian identity?

Contrasting business organizations : Recent changes in public policy and social attitudes have caused more awareness around the LGBTI community, as well as more intolerance. For this assignment, research the impact of the gay community on the profitability of two contrasting business..

Technological advancements and challenges : Technological Advancements and Challenges-examine the key ways in which the company that you selected benefits from the influences of changing technological forces

User Account

All Pages