Business Studies, asked by sunikutty9062, 1 year ago

Explain international compensation management

Answers

Answered by PoojaBurra
0

Designing and developing better compensation package for HR professionals for international assignments needs knowledge of taxation, employment laws and foreign currency fluctuation by HR professionals.  

The socio-economic conditions of country have been taken into consideration during developing compensation package.  

It is easy to develop compensation package for parent country national but difficult to control host and third country nationals.  

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