Global HRM
Global HRM
2. Technological Advancements:
4. Industry Restructuring:
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Q3. What are some advantages and disadvantages associated with using
expatriate managers instead of host-country nationals?.
ANS.
Advantages of Using Expatriate Managers:
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Q5. Assuming you accepted a foreign job, what should the content of the pre-
departure training be for you and your family?
ANS. Pre-departure training is crucial for individuals and their families when
relocating for a foreign job. This training aims to prepare them for the challenges
and adjustments associated with living and working in a new country. Here are
key components that should be included in pre-departure training for you and
your family:
1. Cultural Training:
2. Language Training:
If the host country has a language different from your native language,
language training can be beneficial. Basic language skills can help in daily
interactions and enhance your overall experience.
3. Cross-Cultural Communication:
Familiarize yourself with the legal requirements for living and working in
the host country. This includes visa processes, work permits, and any other
legal documentation necessary for your stay.
6. Workplace Expectations:
2. Education System:
If applicable, provide information about the education system in the host country.
This includes details about schools, curricula, extracurricular activities, and
enrollment processes.
Educate family members about healthcare services, medical facilities, and health
insurance coverage in the host country. Provide guidance on accessing medical
care and emergency services.
Discuss safety and security measures in the new location. This includes
information on local emergency services, neighborhood safety, and any specific
precautions to take.
5. Language Support:
If the host country has a different language, offer basic language training for
family members to help them communicate in daily life.
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3. Cost Control:
Limiting the compensation to not allow expatriates to get rich helps
control costs for the organization. It ensures that the financial
investment in expatriate assignments remains reasonable and aligned
with the organization's budgetary constraints.
5. Long-Term Sustainability:
By avoiding excessively high compensation packages, the organization
can contribute to the long-term sustainability of its global mobility
program. It helps maintain cost-effectiveness while still attracting and
retaining talent for international roles.
2. Individual Circumstances:
Individual circumstances and needs can vary widely. Some expatriates
may have higher financial responsibilities or unique challenges that
necessitate customized compensation packages. A one-size-fits-all
approach may not address individual variations.
3. Market Competitiveness:
The organization needs to ensure that the compensation packages
offered remain competitive in the local market of the host country.
Failing to do so may lead to challenges in attracting and retaining top
talent.
4. Tax Implications:
Tax implications in both the home and host countries should be carefully
considered. Tax laws and regulations can significantly impact the net
income of expatriates, and the compensation package should be
structured to optimize tax efficiency.
5. Retaining Talent:
While avoiding excessive compensation is a cost-control measure, the
organization should be mindful of the need to retain talented
individuals. If compensation is perceived as insufficient, there is a risk of
losing valuable employees.
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2. Cultural Diversity:
Global HRM plays a crucial role in supporting the international expansion and
success of organizations by effectively managing their most valuable asset – their
people – across the complexities of a global landscape. It requires a strategic and
adaptable approach to address the dynamic challenges and opportunities
presented by operating in diverse cultural, legal, and economic environments..
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