Assignment - Compensating for Performance
Imagine that you are the HRL for a multinational company with operations in China, Vietnam, the Middle East, the U.S., and Canada: producing, shipping, and selling IT hardware products.
Create a 2-3 page paper:
1. Explain how you would construct your organization's total reward system (compensation and benefits) to address factors such as
a. Legal mandates in some countries for particular benefits (e.g. health insurance, retirement, travel allowance, just to name few examples)
b. Create equity among all nationals in respect to pay and cost of living
c. Accommodating the use of expatriates to make sure your organization's performance is aligned with achieving organizational profit targets
2. Give a minimum of 2 pages and 2 sources cited