chapter 13 Flashcards

1
Q

expatriates?

A

expatriates: employees citizens of country where parent company based sent to another work facility.

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2
Q

what is workforce mobility?

A

workforce mobility: focus on managing recruitement, relocation, retention of employees who complete tasks outside of the primary region.

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3
Q

intercountry differences that affect HRM…

A
  • Cultural factors
  • Economic systems
  • legal Systems
  • Labour costs factors
  • Industrial relations factors
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4
Q

The number of expatriates doubled between ___ and ___

A

The number of expatriates doubled between 2005 and 2008

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5
Q

guide to relocation selection tips.

A
  1. candidate identification, assessment and selection
  2. cost projection (3 to 5 times the cost to move the entire family)
  3. Assignment letters
  4. Compensation, benefits and tace programs
  5. relocation assistance (between 50 000 and 100 000$)
  6. Family support
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6
Q

the cost of an expatriate assignment failure can reach …

A

1M$

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7
Q

factors of expatriate failure:

A
  • personality
  • person’s intention
  • Family pressure
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8
Q

Ethnocentric staffing policy

A

home-country managers are superior to those in the host country

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9
Q

Polycentric staffing policy

A

only host-country managers can understand the culture

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10
Q

geocentric staffing policy

A

best manager can be found anywhere where the firms operate

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11
Q

Barrier to managing global workers within Canada

A
  1. Lack of canadian experience
  2. poor transferability of foreign education
  3. Lack of literacy skills
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12
Q

explain balance sheet method for foreign compensation

A

you equal the purchasing power accros countries.

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