Assignment
Prepare a 6¬ column, 5¬ row chart for the following countries and parameters: Columns (countries) are:
• Japan
• Mexico
• India
• China
• Italy
• Germany
Rows (factors to research) for each country are:
1. Average manufacturing wage
2. Country's minimum wage
3. Typical restrictive work rules where there are unions How unions enhance or detract from company results Country's unemployment rate
It is unlikely that you will find all of the necessary data in one online database. Instead, you will have to research a number of different ones.
In addition, in some cases you may have to make calculations from a "base=100" report to get an actual dollar figure.
Ensure that you cite the references used, in proper APA format.
For minimum wages, try the following sites:
List of minimum wages by country.
For unemployment percentages try the following site:
Unemployment rate (most recent) by country (be sure to note the year of the data).
Your recommendation summary should explain which country you recommend for the future overseas expansion, based solely on the data in your chart.
Assignment Objectives:
Assess the future role HRM must strategically play in the field of industrial labor relations as this pertains to employee relations and retention, nationally and internationally.