Topic: Review of the company requirement and legal responsibilities for global reporting with a focus on strategic and legal responsibilities.

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Module Title: Managing international or global remuneration practice

Module Code: 7ZZBBM

Module Tutor: Ian Walters

Assisted by Karen Thomson

Email Address: [email protected] or [email protected] or

[email protected]

Submission Date: 20th November 2018 by 23.59

University of Derby 1 of 11 Managing international or global remuneration practice

Table of contents

Module Introduction and Welcome ........................................................................................ 2

Learning Outcomes ............................................................................................................... 3

Module Content ..................................................................................................................... 3

Teaching and Learning Strategy ........................................................................................... 4

Delivery Schedule ................................................................................................................. 4

Coursework Assessment Details 100% Coursework ......................................................... 4

Additional module guidance .................................................................................................. 9

Academic Regulations (2014/15) http://www.derby.ac.uk/academic-regulations ................. 9

Personal Tutor arrangements ................................................................................................ 9

Assignment Submission Date ............................................................................................... 9

Submitting your Assignment .................................................................................................. 9

The Assessment Process ..................................................................................................... 9

Reading List ........................................................................................................................ 10

Harvard Referencing ........................................................................................................... 10

Exceptional Extenuating Circumstances ............................................................................. 11

University of Derby 2 of 11 Managing international or global remuneration practice

Module Title:

Managing International or Global Remuneration Practice

Module Leader:

Ian Walters

Contact details:

[email protected] [email protected]

Module Code:

Credit value: 20

Module Level:

7 Total Learning hours: 200

Keywords:

Module Weighting:

100% Grade Basis: % Numerical

Module Introduction and Welcome

Welcome to this global management module. You are continuing your journey for the MSc in Business and Reward Management and we hope this module helps you as you as you progress through closing stages of your course. This handbook provides useful information about the module and provides everything you need for progress with your studies. This includes the validated module specification, assessment requirements and marking criteria, supplementary information and contact details of key staff and support departments. It is really important that you familiarise yourself with the information in this handbook and that you note in particular key facts and key dates provided. Please make sure that you engage regularly with online module information and that you check your unimail email account for module related updates and general learning communication. Make a plan using this handbook for guidance and monitor your progress.

What this module is about This module is intended to expand your appreciation of global business activity with

specific focus on payroll management and control of remuneration administration.

Overall, the module encourages learners to apply the theories and concepts related to interaction of global activity and consider the impact of culture and legislation difference in the impact of working and organisational behaviour. What you can achieve in this module You should develop and practice the act of learning, expanding your awareness of how cultural experience impacts on all aspects of business and working activity. You will examine a range of tools and approaches to manage administration and team interaction in a cross border situation, with emphasis on financial and report interaction.

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How your work in this module will support your professional development

You should develop more detailed contextual awareness of the range of behavioural possibilities as a result of cultural influence and increased awareness of the need for anticipation and assessment of such issues in preparation of cross border interaction. These skills can be used to support your own career development and that of individuals you have responsibility for. Your personal and professional development will therefore be greatly enhanced. How to do well in this module

• Attend, and get involved in learning and teaching activities.

• Organise your notes and your directed study routines (put the hours in).

• Get started early and work progressively (don’t leave things to the last minute).

• Embrace the process of exploring new ideas and doing new things.

• Don’t be afraid to ask questions or to ask for help.

• Take pride in your work. Key facts

• Learning and teaching sessions take place according to the published timetable. Make sure you note the time and location of these sessions.

• The Module’s Coursework Assignment is due for submission by 23.59hrs on 20th November 2018.

Learning Outcomes

1. Appraise the cultural impacts of developing and implementing global remuneration systems.

2. Critically review a strategic approach to integrated reporting and processes, reflecting on the implications for performance management and financial control.

3. Design and create an implementation plan for a remuneration process for overseas employees, critically evaluating the strategic and operational opportunities and risks.

Module Content

• Reasons for global expansion and core issues related to diversification with multi-

culture.

• Globalisation and Strategy: Defined and Demystified; Implications and strategic gains; the challenges of Global Efficiency, Local Responsiveness, and Global ‘Learning’.

• The implication of culture shock for leadership effectiveness.

• Ethical implications of multinational business.

• Requirements for assessment of social security, pension and employment legislative issues for countries other than home office.

• Impact of European social chapter legislation to UK legislation.

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• The implication of global legislation and perception of best business practice.

• Compensation packages and the impact on recruitment and retention as impacted by cross cultural influence.

• Tax planning involving equalisation or protection.

• Implications of secondments including short and long-term assignments.

• Global payroll or pension systems.

• Global reporting.

• International business risk including the complexity of gift perception via bribery and corruption.

The module is offered within four sections covering the above content matter These are

Section 1: Globalisation and Strategy Section 2: Culture and ethics Section 3: Legislation and payroll Section 4: Globalised payroll and pension process

Section 5 provides full reference listing.

Teaching and Learning Strategy

This module will be taught over two days, with follow-up tutorial support for all learners. One of the important things about university-level qualifications is that you can demonstrate evidence-based practice and reflect on how theoretical concepts can be applied to your specific area of work. The face to face sessions will use techniques that you can use in your own practice to promote HE level thinking skills and discussion. This link between theory and practice will be reflected in the module assessment, which will encourage you to reflect on real work situations. You will be expected to have an understanding of a range of these theoretical concepts. Advice on the types of books and journals that you will be expected to read will provided by your tutor. In your written work you will be expected to acknowledge your sources of reference by using the Harvard Referencing System. Further information on Harvard Referencing is in your Programme Handbook.

Delivery Schedule

Learning & teaching sessions 5th & 6th October 2018 Assignment submission 20th November 2018

Coursework Assessment Details 100% Coursework

You will be asked to demonstrate your understanding of the module using reporting as a focus for reflection on cultural, legal and financial differences across global borders. The coursework allows for using personal working environment as part of analysing practical and process differences. When completing this assignment, you need to apply and display your learning gained through this module.

University of Derby 5 of 11 Managing international or global remuneration practice

Marks will be guided by the extent to which your submission conforms to the following

criteria. The following weightings will be applied.

Assignment Question:

Review of the company requirements and legal responsibilities for global reporting with a focus on strategic and legal responsibilities.

Requirement for both papers is that global concern should cover at

least three countries and be based on the organisations using a

mixture of software payroll support not one payment system.

Reference to a specific situation will be welcomed but the intention is

to provide a paper that discusses the considerations generic

organisations have to take account of.

Weighting

Part 1

This paper should include consideration of cultural and strategic

criteria, which would influence the approach for reporting through a

number of countries. It should specifically examine the issues involved with creation of a centralised reporting approach and the options for collating information from:

• A number of locations and • Different systems holding data.

The need for flexibility for legal and cultural format differences should be explored as well the communication needs for team interaction across borders.

Approximately 2,000 words

60%

PART 2: Discuss the issues of provision of reporting information about

staff who are transferred for periods of cross border employment

Consider the needs of the organisation to monitor

• Hire/relocation costs

• Employment costs

• Legislative reporting requirements

Approximately 1500 words

40%

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Academic report format, as follows:

Front cover sheet:

• Title: Assessment

• Name and student number

• Final word count should be provided

Executive summary: Brief summary of aim and findings of report

Introduction:

Brief reflection of aim and objectives of paper with explanation of background of organisation

relevant for paper

Discussion - Main content:

• This is where most of the marks will be awarded

• Avoid long paragraphs - Use sub headings to break up the text

• This section should reflect the key topic areas – countries, culture, legislation, data control, process needs, risks, and costs.

• Harvard referencing applies which means that you should underpin your discussion using secondary research e.g. tools/models

• Any research cited within your main text should be supported by a full Harvard reference – please refer to the “Reference page” guidance below

Conclusion:

• A summing up of your findings within the main content

• Nothing new should be included in this section

Recommendations:

• Should be as a result of your main content discussion

• This section is expected to recommend business key considerations

Reference Page:

• Should list all secondary research sources, please refer to the Harvard Guide

provided which gives formatting guidance for both citation and referencing.

• Please list in alphabetical order.

• TIP: Ensure you reference all citations; do not forget, as a citation without a reference does not add value. This is a common area which impacts on overall marks awarded.

Appendices:

• Information relating to models/tools discussed

• TIP: Appendices are not marked so do not use to pad out word count; however appendices should add value to the reader

NOTE: Clarification definition

• ‘a number of locations’ = Different countries

• ‘different systems’ = Different methods of payroll processing

• Bureau, In-house, Combination

• ‘at least three countries’ = The UK is one country

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Style Guidelines:

A clear structure is expected. The assignments should progress in a logical manner (Headings and sub-headings necessary), highlighting those issues of most relevance to the topic. Word count covers content including Introduction to conclusion and recommendations.

Citations within main content are not included within the word count.

• Submit two separate papers (2000 and 1500 word assignments)

• Font suggestions: Tahoma, Arial. Please avoid Times New Roman font

• Font size 12

• 1.5 line spacing

• Academic report format

• 10% word count margin

• Learner critical analysis should be supported by wider research using the Harvard Referencing and citation system

• Be consistent with presentation

• Use of tables is permitted where relevant, as they do not form part of the word count

• 5% reduction for excessive word count

• All assessments should be typewritten

• Assignments must be spell checked and proof-read

• A full reference and bibliography list of all sources must be included at the end of the report

University of Derby 8 of 11 Managing international or global remuneration practice

Marking Scheme

University of Derby 9 of 11 Managing international or global remuneration practice

Additional module guidance

Academic Regulations (2018/19)

You will find this information http://www.derby.ac.uk/academic-regulations

Personal Tutor arrangements

Please contact your tutors, Ian Walters and Karen Thomson, if you have any questions or

queries about your work.

Assignment Submission Date

20th November 2018 by 23.59.

Submitting your Assignment

Your work should be uploaded through the link in the Assessment section of Blackboard for

this module by the above submission date and time. Please do not send to tutors direct or

email it to UDC.

The Assessment Process

On receipt of your assignment the following process is undertaken: -

• The marking tutor marks the work, provides provisional feedback to the student and

passes a sample for internal moderation and external examination to confirm

standards.

• Marks are entered onto the system and checked at the pre-board.

• The assessment board meets and ratifies all the results, making recommendations

for progress and processing all awards.

University of Derby 10 of 11 Managing international or global remuneration practice

Reading List

Asheman, I, Bing, JW & Laroche, L: 2000. Building Trust Across Cultural Boundaries.

Published by:Regulatory affairs Focus.

Bartlett, CA & Ghoshal, S: 1998. Managing Across Borders; A Transnational Solution. 2nd

Edition. Published by: Random House, London

Bennett, R: 1999. International Business (2nd edition). Published by: Financial Times

Management, London.

Dal Bó, E, and Rossi, M: 2007. Corruption and Inefficiency: Theory and Evidence from

Electric Utilities, Journal of Public Economics 91, nos. 5-6

Eberts, R & Griffin, R: 2005. Business (8th edition). Published by: Prentice Hall

Gregersen, HB, Morrison, AJ & Black, JS: 1998. Developing Leaders for the Global Frontier.

Published by: Sloan Management Review, pp.21-32.

Hill, CWL: 2008. Global Business today, 5th edn. Published by: Mcgraw Hill Irwin.

Leung, J: 2009. Tax Equalization Versus Tax Protection https://suite.io/joseph-

leung/2a482zn (Accessed Feb 2015)

Trompennars, A: 2006. Resolving International Conflict: Culture and Business Strategy.

Business Strategy Review

Harvard Referencing

For further information on Harvard Referencing please see the following website

http://www.derby.ac.uk/library/study-skills/citing-and-referencing

University of Derby 11 of 11 Managing international or global remuneration practice

Exceptional Extenuating Circumstances

Where circumstances beyond your control impact negatively on an assessment, you can submit a claim for exceptional extenuating circumstances (EEC). If approved your claim will normally mean that you can delay submission of the assessment without any penalties. For more information about what you need to do please visit www.derby.ac.uk/eec or speak to your module leader. You need to email your EEC application to [email protected]. You will still need to hand in the work you have managed to do (even notes or other preparatory work) by the deadline date, but you will have the chance to submit the fully completed work at a later date if your EEC application is approved. University of Derby will review the circumstances and decide if an application for extension can be pursued. Please note a medical certificate must support illness claims. Problems with computers crashing or printers not working WILL NOT BE ACCEPTED as extenuating circumstances. For full details please consult the Rights, Responsibilities & Regulations document that can be found on University of Derby website http://www.derby.ac.uk/files/part_i_exceptional_extenuating_circumstances.pdf Please note that should you apply for an EEC, you must notify the CIPP by contacting: The education mailbox [email protected] Tel: Education Team – 0121 712 1023