Bus 681 paper - see attached

Required Resources

Text

Read the following chapters in your text,  Strategic compensation : https://content.ashford.edu/books/Martocchio.7916.16.1

· Chapter 13: Compensating Expatriates

· Chapter 14: Pay and Benefits Outside the United States

 

Recommended Resources

Articles

Shelton, T. (2008, December). Managing compensation for an expatriate workforce. Executive's Tax & Management Report, 71(12), 6-7.  Retrieved from the Proquest database.

 Sims, R.H., & Schraeder, M. (2005). Expatriate compensation: An exploratory review of salient contextual factors and common practices. Career Development International, 10(2), 98-108. Retrieved from the Proquest database.

Westerman, J.W., Beekun, R.I., Daly, J., & Vanka, S. (2009). Personality and national culture: Predictors of compensation strategy preferences in the United States of America and India. Management Research News, 32(8), 767-781. Retrieved from the Proquest database.

Websites

You will find a list of websites that you may find useful under the Course Materials section.

LECTURE

 we will evaluate expatriate compensation packages as well as compare and contrast compensation benefits in different countries. In prior weeks of this course, we focused solely on the issues of compensation and benefits in the U.S. This week the discussion will turn to topics on a global scale and we will examine compensation strategies for U.S. workers working for U.S. companies abroad and the compensation practices of other countries. 

The increase of globalization and the increase of multi-national organizations over the last several decades require compensation managers to have some knowledge of compensating employees outside of the U.S. (Martocchio, 2017). U.S. organizations operate in other countries including Asia and Mexico for several reasons. However, one significant reason is that the labor force is paid substantially less than compared to U.S. employees U.S. (Martocchio, 2017). Additionally, labor unions generally do not have much bargaining power in developing Asian countries or in Mexico, because the governments possess extensive control over workplace affairs, however some countries do have mandates on salary increases due to unionization  

An expatriate is an employee who lives in foreign country for a set time to work for a specific organization. However, the organizations need to make the time abroad for the employee worth it for the employee consider the position. Therefore, expatriate employee packages come in many variations. What is included in any package will depend on several factors and there are a few main types of expatriate packages. The three (3) basic expatriate compensation packages are categorized as a full expat package, expat lite package, and local hire (Hall, 2015). Typically, the full expat package is available to employees with highly specialized skills in their field and will often include many benefits ensuring a comfortable life style in most any country (Hall, 2015). A full expat package normally consisted of generous allowances for relocation, housing, vehicle, education, home travel as well as other benefits. An expat lite package will consist of a subset of benefits offered under the full expat package such as relocation but the allowances will not be as generous. The local hire offers no benefits other than what a “local national employee in the host country would receive.” (Hall, 2015). The individual will pay all expenses to the host country, all housing costs and arrange for their own work and residence permits (Hall, 2015).

There are legal, cultural, and economic issues that HR professional need to be concerned with when sending or hiring employees abroad. Organizations need to know the law in the foreign county when it comes to labor laws, such as working conditions, hours, etc. However, the organizations also need to be knowledgeable about the compensation and benefits law of the foreign country. There are pay differences between countries and the organization needs to be aware of these differences and adjust the pay offer to the employee as needed. 

Please review the  Global Staffing (Links to an external site.)  video which will provide an overview of global staffing including with expatriates, host-country nationals, and third-country nationals. It will also discuss how each staffing option presents some unique HR management challenges.

References

Gregg Learning. (2018).  Global staffing (Links to an external site.)  [Video file]. Retrieved from https://www.youtube.com/watch?v=11irCzsdip4

Hall, B. (2105). What to expect in your expat compensation package (Links to an external site.). Retrieved from https://www.bluesteps.com/blog/expat-compensation-package

Martocchio, J. (2017). Strategic compensation: A human resource management approach (9th ed.). New York, New York: Pearson.

Week 6 - Final Project

Final Project

A Final Project is due the last class session.  The Final Project will contribute 30% to the course grade.

With instructor approval, students will select an organization that either has or is experiencing challenges with its compensation and benefit system. The student will provide a brief historical view of the organization. The student should assess the company’s current challenge, review other organizations that had a similar situation (and the strategy they devised to address the issue), explore theories and strategies that should be contemplated to address the situation, and finally, include a recommendation to management regarding how to address/resolve the situation. Importantly, the student should ensure any recommendations are based on solid research and analysis and reflect a comprehensive solution to the problem. The Final Paper must include a minimum of eight credible sources (in addition to textbook). Research topics must be reviewed in advance with the instructor.  Writing the Compensation and Benefits Paper This essay must reflect what is considered the current "state of the art" systems, reflecting both academic and professional (practical) orientations. The Final Paper must be 8-10 double-spaced pages (not including the title and reference pages) and be formatted according to APA style guidelines. This paper may be written in first person. This Final Paper should review the available research, discuss the implications of that research for the topic area, and provide conclusions. The paper should be organized into the following areas (use section headings to organize your key points):

1. Introduction: The area of research should be described and the purpose of the research. That is, describe the topic area in terms of (a) its relationship to the topic and (b) what you want to be able to contribute to the training literature by writing this paper. Your introduction must include a succinct thesis statement.

2. Review of the literature: Students must provide a brief historical view of the organization and assess the company’s current challenges. This review will include an examination of other organizations with similar situations, including the strategies used to address their issues. Students need to explore theories and strategies that could address the situation. Identify any areas that may have not been addressed in the literature used for review. 

3. Implications: Assess any implications. Organize the implications of the literature in a manner that logically builds the case for your recommendations. For each of your implications be sure to reference the literature related to that implication. Be sure to indicate whether the implication is one that has already been made in the literature or if this is one that is original to you through your own analysis. 

4. Recommendations: Based on the research, students must make recommendations for a comprehensive solution to the problem. This is where you tie all the pieces together. Make sure your recommendations are organized in a logical order that synthesizes your major points relative to the purpose of your paper. Be sure that your recommendations are justified and have credible support. Inspire your audience to think about the practical application of your topic. Remember, this is the last thing you are leaving with your reader so make the context of your message clear, communicate the impact of your topic, and leave a lasting impression.

5. Conclusion: Be sure your conclusion summarizes your paper and explains how you have addressed the thesis statement.  

Your paper should include:

· Must include a title page according to APA style.

· Must include an introductory paragraph with a succinct thesis statement.

· Must address the topic of the paper with critical thought and analysis.

· Must include section headings to organize your key points clearly.

· Must include citations to references that support the assertions made and facts presented in the paper.

· Must conclude a conclusion paragraph that ties directly back to your thesis statement.

· Must use APA style as outlined in the approved APA style guide to document all sources.

· Must include, on the final page, a reference list that is completed according to APA style as outlined in the approved APA style guide.

Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment