Why is it important for HR and compensation professionals to learn about compensation practices in other parts

Fantastic news! We've Found the answer you've been seeking!

Question:

Why is it important for HR and compensation professionals to learn about compensation practices in other parts of the world? Include a rationale for your answer.

Related Book For answer-question

Strategic Compensation A Human Resource Management Approach

ISBN: 978-0133802023

8th edition

Authors: Joseph J. Martocchio

See More Books

Posted Date: Mar 27, 2024 01:55 PM

See More Questions

Why is it important for HR and compensation professionals to learn about compensation practices in other parts of the world?
Why is it important for HR and compensation professionals to learn about compensation practices in other parts of the world?
1 Which branch of our government makes our laws? A O All choices Judicial Legislative Executive
A ballplayer standing at home plate hits a baseball that is caught by another player at the same height above the ground from which it was hit. The ball is hit with an initial velocity of 22.0 m/s at...
The Wadena Company reports the following information pertaining to the month of January: During January, the company purchased $40,000 of direct materials and incurred $90,000 of direct labor costs....
Defendants Jack and Claire Lein owned and lived on Willow Creek Farm from 1980 through 2004. The farm manager, Stewart, and his girlfriend, plaintiff Tambra Curtis, also lived on the farm during this...
In recent years, Walz Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation...
Bleeker Street Pizza and Keste Pizza & Vino are located close to each other on Bleeker Street in the West Village. There are 450 potential customers every day, and suppose that each of them is...
Use the proof of Picard-Lindelf's y' = ty, Theorem to find the solution to y(0) = 1.
EZ Fix Auto is a small garage operating in Toronto. The garage is owned by an experienced mechanic who decided to start his own business after working in the industry for ten years. The garage...
1. What are your reflective thoughts about organizational theory? How and why does it make sense to you? 2. What are your reflective thoughts about sources of power used by leaders? How and why do...
Reflect on your worldview and how it influences how you relate to your approach to leadership. What influences your worldview, how you would define it, and how your worldview shapes how you lead on...
Consider the following balance sheet for Watchover Savings Incorporated (in millions): Assets Floating-rate mortgages (currently 11% per annum) 30-year fixed-rate loans (currently 8% per annum) Total...
You are determining sample size for testing of controls. For the following scenarios, determine an appropriate sample size in relation to each other based on the given criteria for . Acceptable Risk...
Read the article on Scotland's co-habiting couples, what are the authors major arguments? Do co-habiting couples have more, less, or the same level of commitment as those couples who are married? Did...
In Problem use absolute value on a graphing calculator to find the area between the curve and the x axis over the given interval. Find answers to two decimal places. y = x 3 ln x; 0.1 x 3.1
Oxford Corporation began operations in 2015 and reported pretax financial income of 225,000 for the year. Oxfords tax depreciation exceeded its book depreciation by 40,000. Oxfords tax rate for 2015...
At December 31, 2015, Suffolk Corporation had an estimated warranty liability of 105,000 for accounting purposes and 0 for tax purposes. (The warranty costs are not deductible until paid.) The...
State whether each of the following events will result in a movement along General Motors (GMs) demand curve for labor in their U.S. automobile factories or whether it will cause its demand curve for...

Why is it important for HR and compensation professionals to learn about compensation practices in other parts

Question:

Expert Answer:

It is essential for HR and compensation professionals to learn about compensation practices in other parts of the world for several reasons Global Workforce With the rise of globalization many compani... View the full answer

Strategic Compensation A Human Resource Management Approach

Students also viewed these human resource management questions