Describe international compensation, Operation Management

Assignment Help:

Existing salary for managers is 45,000 euros (58,567 us dollars) plus bonuses. Average salary for managers in range is 60,000 euros (78,090), no bonuses. Recommendations must include numerical data, percentages, etc. based on the text and research and must include your response to the following instructions: Approaches to International Compensation

Burnt Hotels wants - a consistent compensation approach for expats that will support their international expansion.

1, Identify which compensation approach you believe is best? (Going rate approach or the balance sheet approach) Describe the approach you choose and C - detail the advantages and disadvantages of this approach as they relate specifically to the hotel management position in France.

2. A plan that will entice existing employees to work abroad. Explain the difference between domestic and international compensation.

3. Explain how you would induce Brunt's current employees to accept the international assignment? How much of a base salary will you propose offering the managers? c. What percentage of base salary will the inducement comprise? Be specific - express the computations in % and in Euros amounts.

4. Of the Allowances mentioned in your textbook, identify at least 4 to be offered in this case. (b.) What % of base salary will the inducement comprise? Be specific - express the computation in % and in Euros amounts - Be sure to include the COLA as one of your allowances.

5. Burnt Hotels wants: A good range of incentives (Variability)

A. Now that you have determined the component of the salary for the international hotel manager, what benefits will you include in the compensation package? B.) What're the main points you will have to consider when deciding how to provide the benefits you are proposing? For example, what considerations are there for pension plans?


Related Discussions:- Describe international compensation

Describe when stakeholder identification occurs, Explain when stakeholder i...

Explain when stakeholder identification occurs and explain the importance of stakeholder analysis

Explain it projects that should be a part of bill''s it plan, List and desc...

List and describe (in two or three sentences each) three IT projects that should be a part of Bill's IT Plan - one project to support each area and/or process identified in above

Explain what factors make up strategic process, Discuss the following quest...

Discuss the following questions in relation to strategic management: • What factors make up this process? • How important is it to change, and what criteria determine the cha

Scope overview as well business case sections of the project, The scope ove...

The scope overview and business case sections of the project charter provide the high-level "what and why" of the project

Describe your opinions about executive compensation, 1. Why some employees ...

1. Why some employees entitled to overtime and others are are exempt from being paid overtime? 2. Explain what job sharing is and how it typically works in terms of compensation

Explain what are steps for effectively manage diversity, Why the succession...

Why the succession of Ursula burns to the top position at Xerox was considered historic? Why are there so few women and minority CEOs of large corporations? What steps have m

Solve breakeven problem, Breakeven Problem 1. Avila Manufacturing plans ...

Breakeven Problem 1. Avila Manufacturing plans to increase capacity by adding new equipment. They have received two proposals. Fixed CostVariable Cost/Unit Proposal A $32,

Explain average inventory level, 1. Custom Computers, Inc. assembles custom...

1. Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each and are ordered in quantities of 1500 units. Annual demand is 75

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd