Author(s): Calvin Reynolds
Publisher: WorldatWork (2006)
Cover: Soft
ISBN: 1579630286
When an organization decides to 'go global', one of the first human resources challenges it faces is how to select and compensate the first employee it sends abroad from headquarters—i.e., the first expatriate. At this point in its development into a global corporation, an organization will begin to make decisions that affect the future configuration of its expatriate compensation programs, not to mention the success of the entire globalization process. This booklet will help employers answer some key questions such as whether to conduct or purchase a survey of corporate practices, hire a consultant, follow the competition, be creative in designing pay strategies, negotiate with each expatriate candidate or simply pay the second expatriate the way the first one was paid, and so on. Author Calvin Reynolds delivers approaches to developing expatriate pay strategies for the evolving multinational corporation.
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