The Total Rewards Approach to Compensation Management

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week_6_dq.docx

HRMN 395

Discussion Questions for Week 6

1. Describe what you learned about the impact of economic, social and demographic trends affecting the US labor environment.

2. What competencies are needed that were not just ten years ago for HR professionals now that we are in a global economy?

Week 6  Global Rewards and Culture

Describe some of the cultural, legal, and country-specific practices important in designing total rewards for global companies.

Read:

Lee, E. & Yu, K. S. (2013). How are global HR competency models evolving for the future?

from Cornell University, ILR School site: http://digitalcommons.ilr.cornell.edu/student/17/

A consideration for global total rewards programs:

http://www.hreonline.com/HRE/view/story.jhtml?id=533344559

The added value of global flexible benefits from Rosaline Chow Kho:

http://www.iscebs.org/Documents/PDF/bqpublic/Q4BQpublic.pdf

AN OVERVIEW OF ECONOMIC, SOCIAL, AND DEMOGRAPHIC TRENDS AFFECTING THE US LABOR MARKET 

http://www.dol.gov/oasam/programs/history/herman/reports/futurework/conference/trends/trendsVI.htm