Compensation Practices Around the World
Not what you're looking for?
Why is it important for HR and compensation professionals to learn about compensation practices in other parts of the world? Support your answer.
Purchase this Solution
Solution Summary
The solution examines compensation practices around the world.
Solution Preview
I think that it is great to examine what is going on outside of North America.
For HR personal, the goal is to attract top talent, and keep them. Employee attrition or turnover is expensive for a company, and has other effects on the moral of employees and managers. As well, each time an employee leaves there is a long list of "to-do" items in order to replace this person. You need to recruit someone new, train them, have the old employee show them the ropes and teach them about their position.
If we could learn of ways to make people more satisfied in their job, then perhaps this will reduce employee attrition and help maintain top talent.
Compensation practices differ drastically in the world. Let us first look at vacation days. According to ...
Purchase this Solution
Free BrainMass Quizzes
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Operations Management
This quiz tests a student's knowledge about Operations Management
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Basics of corporate finance
These questions will test you on your knowledge of finance.