bus comp and his discussion 3 total
I DO NOT NEED A FORMAL APA FORMAT,
JUST THE ANSWERS TO THE DISCUSSION. 125 WORDS OR MORE
BUSINESS COMP
Discussion 1)
"Compensating Expatriates" Please respond to the following:
· Analyze the issues and considerations that impact expatriate compensation to determine the single biggest challenge in setting compensation. Provide specific examples to support your response.
· From the e-Activity, determine which cultural characteristics should be considered when establishing a compensation program for a U.S. company planning to locate in the country you researched. Provide specific examples to support your response.
Peers reply for example
Analyze the issues and considerations that impact expatriate compensation to determine the single biggest challenge in setting compensation. Provide specific examples to support your response.
I believe that the biggest challenge is the mixture of purchasing power and exchange rate. In the text, the purchasing power of expatriates is diminished. This goes hand in hand with the exchange rate. A company sets the pay for the employee then the exchange rate for the dollar is low then the employee will not get the full pay due to the exchange rate. Using the Euro example in the text, the employee would receive .73 euro for every dollar. To round up the employee losses roughly a quarter on every dollar, this may seem small but can add up over a full salary year. The employee will not be able to purchase everything they may want or need decreasing the cost of living. Expatriates have to consider if they can pay expenses and maintain the life style they envision for international assignments. I would want to travel, go to museums and really experience the culture and environment as an expatriate. I would have to look at the base pay versus the exchange rate and cost of living to determine if I would be able to work and adventure on an international assignment.
From the e-Activity, determine which cultural characteristics should be considered when establishing a compensation program for a U.S. company planning to locate in the country you researched. Provide specific examples to support your response.
Ireland has a similar culture to the US. There are two major exceptions, one the "pub culture" and two there is a laid back environment and Irish people thank everyone and stick to a please and thank you on every occasion. The Irish do not stick to the rigid time schedule that American's do and gather in pubs to eat and enjoy each other's company. When setting a compensation package the workweek pay scale should be a factor with the laid-back environment. If the Irish are in no rush then 40 hours a week may not be the norm. Setting a salary to fit the work schedule of existing employees is key. An expatriate may be the only one in the office working if the salary and work hours are not adjusted. The other factor is the social aspect, adding in enough compensation so that the expatriate can go and socialize will help them fit in and be accepted. In addition, a company must add in training and cultural support to not offend someone and be able to coexist.
http://www.livinginireland.ie/en/culture_society/culture_society/
BUSINESS COMP
Discussion 2)
Pay and Benefits Outside the United States" Please respond to the following:
· Analyze the differences between minimum pay regulations and retirement systems in the U.S. and the other countries discussed in this chapter to determine how these differences affects the ability of U.S. companies to compete worldwide. Provide specific examples to support your response.
· Select the minimum pay and retirement practices of one of the countries discussed in Chapter 15. Then, determine the likely result if those practices were adopted by the U.S. Provide your rationale.
· provisions were added.
· Table 15-1 Components of Hourly Compensation Costs in Manufacturing, U.S. Dollars, 2009
Hourly Compensation Costs | ||||
Total Direct Pay | ||||
Total | Social Insurancea | Directly Paid Benefitsb | Paid for Time Workedc | |
Norway | 53.89 | 9.91 | 43.97d | |
Denmark | 49.56 | 5.04 | 8.99 | 35.53 |
Belgium | 49.40 | 14.72 | 9.68 | 25.00 |
Austria | 48.04 | 12.16 | 10.17 | 25.72 |
Germany | 46.52 | 10.37 | 9.24 | 26.90 |
Switzerland | 44.29 | 6.57 | 8.97 | 28.75 |
Finland | 43.77 | 9.45 | 8.69 | 25.62 |
Netherlands | 43.50 | 10.05 | 8.36 | 25.09 |
France | 40.08 | 12.51 | 4.99 | 22.58 |
Sweden | 39.87 | 12.69 | 4.22 | 22.96 |
Ireland | 39.02 | 5.96 | 5.36 | 27.70 |
Italy | 34.97 | 10.63 | 5.15 | 19.19 |
Australia | 34.62 | 7.13 | 3.27 | 24.22 |
United States | 33.53 | 7.90 | 2.60 | 23.03 |
United Kingdom | 30.78 | 6.46 | 3.18 | 21.14 |
Japan | 30.36 | 5.42 | 7.56 | 17.39 |
Canada | 29.60 | 5.99 | 2.92 | 20.69 |
Spain | 27.74 | 7.29 | 5.47 | 14.99 |
Greece | 19.23 | 5.31 | 3.54 | 10.38 |
Israel | 18.39 | 2.98 | 1.39 | 14.02 |
Singapore | 17.50 | 2.45 | 3.41 | 11.65 |
New Zealand | 17.44 | 0.52 | 2.40 | 14.52 |
Korea, Republic of | 14.20 | 2.52 | 11.68d | |
Portugal | 11.95 | 2.41 | 2.09 | 7.44 |
Slovakia | 11.24 | 3.22 | 1.93 | 6.10 |
Czech Republic | 11.21 | 3.06 | 1.50 | 6.64 |
Argentina | 10.14 | 1.77 | 1.42 | 6.96 |
Estonia | 9.83 | 2.58 | 0.88 | 6.36 |
Hungary | 8.62 | 2.24 | 1.58 | 4.81 |
Brazil | 8.32 | 2.70 | 1.18 | 4.45 |
Taiwan | 7.76 | 1.14 | 6.61d | |
Poland | 7.50 | 1.18 | 1.77 | 4.55 |
Mexico | 5.38 | 1.45 | 3.93d | |
Philippines | 1.50 | 0.13 | 0.25 | 1.13 |
· a Social insurance includes labor-related taxes net of subsidies.
HISTORY
DISCUSSION 3
· After 9-11 in 2001, Congress passed the Patriot Act in an effort to prevent future attacks. At the time, there were a few groups that protested against the act on the grounds that it was a violation of Americans' 4th Amendment rights which guarantee protection from unwarranted searches and siezures of "...persons, houses, papers, and effects." Ten years later, it became known that the government had been using the Patriot Act to collect data on private citizens. Some government employees were even using their access to the technology to spy on former romantic partners and or aquaintances.
The argument in favor of the Act is to prevent future terror attacks noting that national security is imperative. The argument against the Act is that it is being abused to violate American's rights with opponents noting that the Act failed to prevent the terror attack at the Boston Marathon.
Does national security take precedence over Americans' rights that are guaranteed in the Constitution?
10 years ago
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