Global Pay, Job description analysis and development, Appraisal and compensation

Essay by novelette321College, UndergraduateA+, June 2007

download word file, 8 pages 5.0

Global Pay Paper � PAGE �1�

Novelette Anglin

HRM 424/0545

Global Pay Paper

Jocelyn Friemark

University of Phoenix

Compensation Parity

Whether a company operates in a single country or many countries, we are uniquely positioned

To help develop effective total compensation programs. The transition to a global total

Compensation platform allows companies to be more competitive locally and internationally,

And To ensure internal parity in the way they reward their employees.

We help companies align their executive and employee compensation (base pay, annual

Incentives, long term incentives, and local and international stock option plans) with business

Objectives, and solve the unique challenges of global stock option plans by focusing on risk

Management, cost reduction, and employee perception of value.

By blending our HR and financial expertise, we are able to help companies tie their employee

Rewards to business goals and shareholder value.

Total compensation services include:

Executive compensation programs

Total compensation planning

Annual incentive and stock plan design services

Wage and salary advisory services

Global equity plan services


Expatriate Employees

Expatriate workers are valued employees: higher-than-average income earners with promising

Futures on temporary assignments that average three to five years.

These employees eventually

A mass high levels of disposable income, largely because of generous financial incentives and

Expense coverage provided by employers. Typically, they earn more than their counterparts in

The home country even before adding the additional expense items associated with the typical

Expatriate assignment. Organizations can use compensation packages to enhance the

Effectiveness of expatriate assignments. However, compensation policies can create conflict if

Locals compare their pay packages tote expatriate's and conclude that they are being treated

Unfairly. Planning compensation for expatriates requires management to follow three important


Provide the expatriate with a disposable income that is equivalent to what he or she would

Receive at...