International HRM Assignment
Added on 2020-04-13
4 Pages435 Words61 Views
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Running head: INTERNATIONAL HRMINTERNATIONAL HRMName of the StudentName of the UniversityAuthor Note
INTERNATIONAL HRM1Question 1.Describe the content of a ‘traditional’ expatriate package, and the reasons of thecompany to provide such benefits. What limitations do you see in this contract when it comesto handling the company’s emerging threats?A traditional expatriate package consists of housing facilities for the expat, hardshipbonus that is often calculated to be a huge part of the base income of the expat. The expat isoften provided with an automobile service along with the fuel and maintenance, which isundertaken by the concern under which the expat is employed. The expatriate package alsocovers the international level private schooling of the children of the expat, healthcarefacilities for the entire family of the expat. The traditional expatriate package also cover thecost of the round-trip airfares of the entire family to the home country of the expat. The expatshould also be provided with tax equalization with his home country. The company shouldprovide these benefits to the expat so that they may agree to relocate to the other country andhelp the company to expand their business.According to the given case study, Akiko may face a number of limitations that arestated in the expatriate package. The expatriate package that was extended to her included anadditional cost for the concerned company, which amounted to almost three times the basicsalary that she had been receiving (Andresen, 2013). Thus, the concerned company had takenthe decision of limiting the post of the expatriates to the critical posts only. The expats weregenerally wanted to relocate to the country where they were sent for assignments. Thus, thecompany costs were on a rise. In order to tackle this the company decides to pay the expatson the salary schema that exists in the host country. In the current scenario that the concernedfirm is facing, there have been expats who have been almost over eight long years in aforeign country and are not expats any longer. Thus, the company had no other choice but to
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