Reduce the value of their employee benefit packages

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Reference no: EM133775830

Question

Chapter 10: Compensation and Benefits from an International Perspective from your textbook. Today's globally competitive business environment has caused many U.S. businesses to reduce the value of their employee benefit packages. Globalization presents advantages and disadvantages when it comes to creating a well-rounded compensation plan to motivate and engage. Management and human resources must take the time to plan and analyze the market and employees to ensure a compensation program that is effective for the organization. For your initial discussion post, address the following: Examine how an organization can maintain its costly benefit structure while remaining competitive against countries whose companies do not offer such benefits. Analyze two influences that surround pay practices for expatriates. Describe two factors that globalization presents to a compensation and benefits plan for a host country.

Reference no: EM133775830

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