Question: Why is it important for MNEs to understand the compensation practices of other countries?

Why is it important for MNEs to understand the compensation practices of other countries?

Step by Step Solution

★★★★★

3.44 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

MNEs should know about local traditions in compensation practices in order to have i... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1314-B-H-R-M-S(308).docx

120 KBs Word File

Students Have Also Explored These Related Human Resource Management Questions!

Q:

Why is it important for management accountants to understand business strategy?

Q:

Why is it important for financial managers to understand the valuation process?

Q:

Why is it important for an exporter to understand the distinction between a temporary change in the exchange rate and a permanent change in determining whether to respond to a real depreciation of...

Q:

Describe the main differences in the Going Rate and Balance Sheet approaches to international compensation. 2. Describe Local Plus compensation and explain the major challenges MNEs face when using...

Q:

1-How does an international assignment assist in developing a cadre of international operators? Why is it necessary to have such a cadre? 2-Why is it important for MNEs to understand the compensation...

Q:

Why is it important for MNES to understand the compensation practices in other countries? What should the main objective be for a MNE with regard to its compensation policies? pls keep answers very...

Q:

Why is it important for MNEs to understand the compensation practices of other countries? LO2

Q:

Why is it important for MNEs to understand the compensation practices of other countries ?

Q:

Why is it important for Multinational Enterprises ( MNEs ) to understand the compensation practices of other countries? List and explain the various key components of international compensation.

Q:

Why is it important for multinational firms to understand the compensation practices of other countries? LO-!

Q:

A firm has previously issued fixed-rate non-callable debt. Because interest rates are perceived to be temporarily high, the firm would like to have the flexibility of calling the debt later when...

Q:

One of the most important variables that must be controlled in industrial and chemical systems is temperature. A simple representation of a thermal control system is shown in Figure P4.3 [14]. The...

Q:

EXERCISE 2-10. Overhead Allocation Bases Renton Manufacturing Company expects annual manufacturing overhead to be $600,000. The company also expects 60,000 direct labor hours costing $1,200,000 and...

Q:

15. Each year the college gives away T-shirts to new students during freshman orientation. The students are allowed to pick the shirt sizes that they want. To determine how many of each size shirt...

Q:

What advantages might accrue to employers and to employees from part-time employment?

Q:

When and why might an employer prefer to offer a short-term contract rather than a permanent one?

Q:

What might be some of the implications of the development of flexible working patterns for employers, individuals and the state?

Q:

Explain the basics of Financial Management ( Minimum 5 pages- PDF) Note : 1.Add references in a separate sixth page excluding the contents. 2. References must be in the APA format. 3.At least 5...

Q:

Select all the statements that are true about Python's unittest module and Django's test framework: a. Django's test framework builds on Python's unittest module b. Django's TestCase class is a...

Q:

Arco Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 7.60% yield to maturity, but it can be called in...