StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - International Human Resource Management - International competition

Only on StudentShare
Pages 8 (2008 words)
Equity is a fundamental principle of compensation". How do multinational corporations ensure that pay differentials between international staff reflecting different labour market conditions does not lead to resentment and de-motivation of staff
From the very beginning of the history of wage labour, equity has been considered as the fundamental principle of compensating labour…

Extract of sample

Differential payment is not just a business tactics but a whole some strategy developed by new international human resource management for multinational corporations. Yet, the reality of pay differentials among the international staff does not normally lead to grievances among them. Multinational corporations usually stick to a number of principles of international compensation strategies in order to overcome the ill-effects of pay differentials. The present study is an effort in delineating the mechanism of pay differentials followed by multinational corporations and its effect over the employees from different national environments. The practices of multinational corporations aim to get rid of the resentments and motivational issues pertaining to pay differentials among the international staff would be examined in detail and with theoretical rigour.
There is no consensus among the theorists of international compensation strategies over the question of the correct approach to the understanding of pay differentials, related grievances and appropriate compensation strategies (Scullion and Linehan, 2005). Rather than adhering dogmatically to a single approach, the paper tries to synthesise the wisdom each approach in understanding and defining the subject-issue. ...
Download paper
Not exactly what you need?

Related papers

International Human Resource Management Master Essay
8 pages (2008 words)
International Human Resource Management Essay
Paul Ilsles best fit model attached in the appendix lay emphasis on this.…
6 pages (1506 words)
Human Resource Management in International Organizations
In fact now a debate has started whether the concept of 'managing diversity; forms an alternative to 'equal opportunities' based on gender bias. In the UK, human resource practitioners and academics alike are becoming more aware of the emergence of managing diversity. There is now a view that, after twenty years of the ' stick' of legal compliance (which has achieved little), the 'carrot' of…
18 pages (4518 words)
International Human Resource
However, the nature of their work and the type of organization they work for will determine how these common environmental factors are perceived - whether they are seen as positive or negative, threats or opportunities…
18 pages (4518 words)
China and international human resource management of Nestlé
Human resources are essential to the organizational success. Human Resource (HR) management deals with the design of formal systems in an organization to ensure the effective and efficient use of human talent to accomplish organizational goals.A multinational enterprise is one in which organizational units are located in foreign countries. Typically these units provide goods and services for the…
9 pages (2259 words)
International Human Resource Management
They could perhaps implement a program that keeps the expatriates informed about the new changes that have been implemented in their organisation back home. They could also organize training sessions on the return of their employees, to facilitate easy adaptation and help them get over the shock phase. ('Repatriation', website: http:/…
2 pages (502 words)