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Module 3ihrm
- 1. International Human Resource Management Performance Management
- 2. Performance management A process that enables the multinational to evaluate and continuously improve individual, subsidiary unit, and corporate performance, against clearly defined, pre-set goals and targets
- 3. Components of Performance Management
- 5. Variables Affecting Expatriate Performance
- 7. Roles A role is the organized set of behaviors assigned to a particular position. Effective role behavior is an interaction between the concept of the role, the interpretation of expectations, the person’s ambitions, and the norms inherent in the role. The difficulty for the expatriate manager is that the role may be defined in one country, but performed in another.
- 10. Contextual Model of Expatriate Performance Management
- 22. Compensation
- 61. Lower birth rates and increasing life expectancies mean fewer workers to support each Social Security recipient 1960: 5.1 to 1 Today: 3.4 to 1 2030: 2.1 to 1 Worker-to-Retiree Ratio
- 62. Table 2: Social Security System of Thailand/1
- 63. Global compensation issues: i. The drivers of workforce engagement and their role in global total reward strategies ii. The impact of shifts in labor markets on global remuneration data, planning, and pay structures iii. Redefining global equity practices and the impact of behavioral economics on workforce response iv. Complying with new global governance initiatives related to pay-for-performance programs and risk management
Hinweis der Redaktion
- A base salary is provided with several other allowances that are typical to Indian employers. The base salary usually accounts for 40 to 50 percent of an employee’s salary. The remaining salary is comprised of several allowances. Housing is expensive in India, and employers often reimburse a portion of the housing expenses through a House Rent Allowance, or HRA. Medical allowances come in a variety of forms. Organizations may reimburse expenditures incurred by the employee or his or her family for medical treatment; pay a fixed allowance for routine check-ups; or participate in a group medical insurance policy. The dearness allowance (known as cost-of-living in the United States.) is calculated as a percentage of the base salary. It is an allowance provided to adjust the cost of living and may vary depending on the job’s location (rural vs. urban areas). Leave travel allowance (LTA) permits two tax-free travel opportunities in India within a four-year period. LTA is provided based on an employee’s salary and level in the organization . This includes employees and their family members. For more information about these additional allowances, instructors may want to read the following online articles: http://www.pacificbridge.com/publication.asp?id=31 : Recruiting in India http://www.pacificbridge.com/publication.asp?id=30 : Recruiting in India For public holidays in India, please read: http://www.worldtravelguide.net/country/120/public_holidays/Indian-Subcontinent/India.html