Compensation and Benefits
Choose an organization to use for this assignment. If can be where you are currently employed or a company with which you are familiar. It must be an organization that is researchable; as you will need to gather and analyze information to complete the assignment. You may use the same organization you have used in the previous assignments.
If you choose the organization where you are currently employed, please keep in mind that the analyses you make must be based on facts that can be documented rather than your personal opinion as an employee.
Research the compensation and benefits of the chosen organization. The company is opening a new branch office in London, England. You are planning on filling one executive level position with a U.S. citizen. This employee can be a new hire or an existing one. The term of the initial assignment is two years. You are the new HR manager and must design a compensation package for this position.
INSTRUCTIONS
Create a compensation package for a new expatriate position. Include the following:
Pay or Salary
In this part:
- Describe key factors and decisions to make regarding base pay. Specifically, discuss how base pay would be determined, what factors influence base pay, and in what way. Note: You do not need to indicate exact salary figures for this assignment.
- Analyze pay considerations specific to expatriate positions. Consider foreign service premium, incentive pay, hardship allowance, mobility premium, and the like.
