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Styles PE Compensation Package - Scenario 3 The management team liked your recruitment advertisement, but realized that they did not consider the salary for these new positions! Since the organization has never hired managers to work outside the UK before, they do not know how to start determining the compensation. They provide you with the following information that they found on the Internet: v Existing salary for managers is 30,000 (45,000 Euros) plus bonuses. v Surveys show that the average salary for hotel managers in France is 60,000 Euros with no opportunity to earn bonuses. The directors want to have a consistent approach as to how they compensate expatriates because they expect their overseas business to expand in the future. They also want existing employees to be enticed into working abroad and want to have a good range of incentives. 1) Design a compensation package for the hotel management position. Explain the rationale for your design. You may also include non-financial benefits. Total (10 Marks) I Page 57 757 words English (United States O Focus 100 Show All w MacBook Pro