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IHRM Chapter 06

IHRM Chapter 06

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Published by imad rehman

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Published by: imad rehman on Oct 29, 2010
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05/21/2013

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Use with International Human Resource Management ISBN 1-84480013-XPublished by Thomson Learning © Peter Dowling and Denice Welch
Chapter 6
Compensation
 
Use with International Human Resource Management ISBN 1-84480013-XPublished by Thomson Learning © Peter Dowling and Denice Welch
Chapter objectives
In the introductory chapter we described IHR managers asgrappling with complex issues. International managers must(1) manage more activities from a broader perspective, (2) bemore involved in the lives of their far-flung employees, (3) balance the needs of PCNs, HCNs and TCNs, (4) controlexposure to financial and political risks and (5) beincreasingly aware of and responsive to host-country andregional influences. All of these issues and concerns are brought out in a discussion of compensation issues. In thischapter we:
(cont.)
 
Use with International Human Resource Management ISBN 1-84480013-XPublished by Thomson Learning © Peter Dowling and Denice Welch
Chapter objectives (cont.)
Examine the complexities that arise when firms move fromcompensation at the domestic level to compensation in anInternational context.Detail the key components of an international compensation program.Outline the two main approaches to international compensationand the advantages and disadvantages of each approach.Examine the special problem areas of taxation, valid internationalliving cost data and the problem of managing TCN compensation.Examine the recent developments and global compensationissues.

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