Describe international compensation, Operation Management

Assignment Help:

Existing salary for managers is 45,000 euros (58,567 us dollars) plus bonuses. Average salary for managers in range is 60,000 euros (78,090), no bonuses. Recommendations must include numerical data, percentages, etc. based on the text and research and must include your response to the following instructions: Approaches to International Compensation

Burnt Hotels wants - a consistent compensation approach for expats that will support their international expansion.

1, Identify which compensation approach you believe is best? (Going rate approach or the balance sheet approach) Describe the approach you choose and C - detail the advantages and 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 international compensation.

3. Explain how you would induce Brunt'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: 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?


Related Discussions:- Describe international compensation

Explain introduction to optimum design, Why are there no solutions for Intr...

Why are there no solutions for Introduction to Optimum Design textbooks?

Explain did intel use monopoly-like power, In your judgment is Intel a "mon...

In your judgment is Intel a "monopoly"? Did Intel use monopoly-like power; in other words, did Intel achieve its objectives by relying on power that it had due to its control of a

Lean Synhcronization, Explain how you woul eliminate waste through flexible...

Explain how you woul eliminate waste through flexible processes

Design an appropriate control chart, This assignment requires you to look i...

This assignment requires you to look in some detail at one quality issue arising in your organisation. Some of the exercises in Units 4 and 5 have already suggested that you consid

Explain environment that best serves the organization, Briargrove is taking...

Briargrove is taking proposals for a Centralized Learning Network to be rolled out first in the corporate office in Dallas, TX and then across the organizational footprint. A priva

Give expectancy theory claims that motivation is a function, Expectancy the...

Expectancy theory claims that motivation is a function of Answer efforts, performance, and rewards. individual traits and supervisory skills. aptitude, training, and op

#Process design plant locatiom.., Relation with types of manufacturing plan...

Relation with types of manufacturing plant location and layout.?

Write Your Message!

Captcha
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