chapter 13 Flashcards
expatriates?
expatriates: employees citizens of country where parent company based sent to another work facility.
what is workforce mobility?
workforce mobility: focus on managing recruitement, relocation, retention of employees who complete tasks outside of the primary region.
intercountry differences that affect HRM…
- Cultural factors
- Economic systems
- legal Systems
- Labour costs factors
- Industrial relations factors
The number of expatriates doubled between ___ and ___
The number of expatriates doubled between 2005 and 2008
guide to relocation selection tips.
- candidate identification, assessment and selection
- cost projection (3 to 5 times the cost to move the entire family)
- Assignment letters
- Compensation, benefits and tace programs
- relocation assistance (between 50 000 and 100 000$)
- Family support
the cost of an expatriate assignment failure can reach …
1M$
factors of expatriate failure:
- personality
- person’s intention
- Family pressure
Ethnocentric staffing policy
home-country managers are superior to those in the host country
Polycentric staffing policy
only host-country managers can understand the culture
geocentric staffing policy
best manager can be found anywhere where the firms operate
Barrier to managing global workers within Canada
- Lack of canadian experience
- poor transferability of foreign education
- Lack of literacy skills
explain balance sheet method for foreign compensation
you equal the purchasing power accros countries.