Structuring and communicating a total compensation package that meets regulatory requirements and the needs of a global workforce requires a delicate balancing act between what is required and what will contribute to an effective relationship between employer, employee, and the community or country in which the company operates. Communicating benefits programs to employees can be as important as the benefits themselves. Knowing how to leverage all available compensation options is a necessary skill for any HR professional.
Create a compensation package for a new expatriate position. Include the following:
Pay or Salary
In this part:
- Describe key factors and decisions to make regarding base pay.
- Specifically, discuss how base pay would be determined, what factors influence base pay, and in what way.
- Note: You do not need to indicate exact salary figures for this assessment.
- Analyze pay considerations specific to expatriate positions.
- Consider foreign service premium, incentive pay, hardship allowance, mobility premium, and the like.
Benefits
In this part:
- Analyze legally required benefits for an employee.
- Include social security, Medicare, federal and state unemployment, and worker's compensation.
- Also, discuss any legally required benefits that may be different in England compared to the United States.
- Analyze standard benefit offerings.
- Include health insurance, paid time off, employee assistance programs, et cetera.
- Discuss factors that might influence these offerings such as company size, role of the employee, company location, et cetera.
- Analyze the appropriateness of offering additional benefits or resources to employees facing an overseas work assignment that would ease their transition.
- These types of benefits could include relocation assistance, home leave reimbursement, spousal support for finding work, cultural or language training, among others.
Additional Requirements
Your assessment should also meet the following requirements:
- Length: 3–5 typed, double-spaced pages, plus a reference page.
- Written communication: Communicate in a manner that is scholarly and professional. Your writing should be:
- Concise and logically organized.
- Free of errors in grammar and mechanics.
- Validation and support: Use a minimum of four relevant and credible scholarly or professional resources such as the Wall Street Journal to support your work.
- APA format: Format all citations and references in accordance with current APA guidelines. Refer to the Evidence and APA Campus page for guidance.