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Study of International staffing, training and compensation issues in international assignment
- 1. “Study of International Staffing , Training & Compensation Issues in International Assignments“ By Mrs. Deepali Desai Asst. Professor
- 2. Presentation Outline • Introduction • General HR Functions • International HRM • International HR practices • International Staffing Approaches • Pre-departure Trainings for International Assignment • Compensation Issues • Risk Exposure • Conclusion
- 3. Introduction
- 4. • Human Resources are most Important asset for any organization. • Same time , Human Resource Management is most critical function.
- 5. General HR Functions Industrial Relations Legal Compliance Compensation Performance Appraisal & Management Training & Development Recruitment & Selection
- 6. International HRM • The process of managing people in International Context is called as International HRM.
- 8. Need for International HRM Globalization Increased Foreign Assignment HR- Determinant of Success or Failure in International Assignment
- 10. International Staffing Approaches Ethnocentric Approach Polycentric Approach Regiocentric Approach Geocentric Approach Employee Categories to be Hired • Parent Country Nationals (PCN) • Host Country Nationals (HCN) • Third Country Nationals (TCN)
- 11. Predeparture Training for International Assignment Language Training Cultural Training Managing Personal &Family Life
- 12. Impact of Cultural differences at Workplace
- 13. Brazil USA UK UAE France Handshake Firm Firm Firm Firm Firm Dress-code Formal Formal- Casual Formal Formal Formal Interruption During Meeting Yes No No Yes Yes Meetings stick to Agenda No No Yes No Yes Source: https://www.businessinsider.in/A-quick-guide-to-business-etiquette-around-the- world/articleshow/47254375.cms
- 14. • Yellow flowers represent hate in Russia and Iran, and purple flowers are bad luck in Italy and Brazil. • France -Apologies for not being able to speak French may be a good way to start business communications. • Russia- To much smiling can be considered as insincere.
- 15. Compensation Issues Pay Difference •Pay differences in Home country, host country and third country nationals Tax •Income tax at home and host country Allowances •Housing allowance , Relocation allowance •Cost of Living allowance •Home Leave Allowance •Education allowance, •Medical, Insurance & security allowance etc
- 17. Conclusion • International HRM is costly and strategically very important function. • Various issues and challenges encountered during International Recruitment, training & compensation must be properly addressed in order to achieve the Organizational objectives.