Maintaining Employees Abroad Orienting and Training
Performance Appraisal
Compensating
Union Relations
Terrorism & Safety
Orienting and Training Employees on International Assignment
Pre-departure training Ongoing Training
Basics of new country’s history, Rotating Assignments to form politics business norms, informal networks education system
Boost self awareness and cross Overseas educational
cultural understanding opportunities
Prepares individuals and their
Management development families for daily life and centers around the world business situations abroad Performance Appraisal International Managers
Appraisal done from Adapting Taking advice of
More weightage to both Home and Host performance criteria former expatriate on-site manager’s manager produce to local job from same overseas appraisal best appraisal location Compensating Managers Abroad
Maintaining Balance Sheet Incentives Establishing Global
standard of living Approach Pay System Maintain their Formulating pay to • Foreign Service • Set Strategy former home equalize the premium • Identify crucial country standard of purchasing power • Hardship behavior living across countries. allowances • Global Addressing • Mobility Philosophy expenses – income Premiums framework tax, housing, goods • Identify Gaps and services, other • Systematize pay expenses. systems • Adapt Pay policies Union Relations Abroad Different Union-management relation 1 practices among countries and regions
Walmart successfully neutralized
2 unionization attempts in US, but not in China
Collective bargaining in Western-Europe
3 tends to be industry wise, whereas in US it occurs at company or plant level Terrorism & Safety
Pay significantly high salaries
IBM, Cognizant, Accenture pay high allowances to Indians wh0 are ready to work in countries having political unrest or plagued by terrorism
Taking Protective Measures
Comprehensive safety plans and evacuation plans need to be put in place. Tech Mahindra has developed a mobile application that sends regular alerts through this app
Kidnapping and Ransom Insurance
Contents Employers buy K&R insurance where various events can trigger payments under such policies.