Pros and cons of hiring host-country nationals

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Reference no: EM133828510

Question

What are some of the pros and cons of hiring host-country nationals (HCNs), third-country nationals (TCNs), or parent-country nationals (PCNs)? Describe two strategies that would minimize expatriate failure. Research and share data about current compensation systems in China (Shanghai specifically) and how compensation will impact the hiring process. Research the practices of layoffs versus across-the-board pay cuts in China and share your findings.

Reference no: EM133828510

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