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International Business: Wages,Terminations, Bribes

In a paragraph compare the minimum wage and employment termination laws of the United States with the laws of two other countries of your own choosing.

Cite your references in APA format (legal)

In 200 words
Q1 The United States enforces its antibribery policies, but many countries consider bribery a cost of doing business. How can an American company compete in an arena where the competitors routinely use bribery? How can you, as a consultant, protect the company you are helping from the risks of violating U.S. laws? Do the current laws and punishments effectively deter companies from this unethical behavior? Or, do the potential profits outweigh the possible fines for noncompliance?

In 200 words:
Q2 Selecting a product and foreign country of your choosing, imagine that your client is interested in entering that foreign market with the product. How would you recommend your client enter the foreign country's market? Provide your classmates with feedback on their recommendations.
Cite your references in APA format (legal)

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Here you go,

In a paragraph compare the minimum wage and employment termination laws of the United States with the laws of two other countries of your own choosing.

In the United States, the Fair Labor Standards Act (FLSA) establishes the minimum wage, among other items, for full and part time workers in the United States. The current minimum wage in the United States is $7.25 per hour, and nonexempt workers are paid overtime at the rate of one and a half times their regular rate of pay after 40 hours of work in a workweek (United States Department of Labor, 2012). Some workers are exempt from the minimum wage based upon their professions. These exemptions are stated in the Act. Some states and cities have set minimum wages higher, in which case the employee is entitled to the higher wage, and some U.S. territories are exempt. The United States Department of Labor sets the employment termination laws in the U.S. These laws also provide terminated workers with health b and unemployment benefits. Most employees in the U.S. operate under the "employment at will" doctrine, which gives the employer the right to terminate an employee for no reason. Wrongful termination may include discrimination, retaliation for whistle blowing, character defamation or other conditions laid out by the law. Employees do not typically have contracts, although an employee handbook can be considered an implied employment contract.

The Ministry of Human Resources and Social Security oversees the minimum wage level in China but different minimum wages are allowed to be set by local governments, in accordance with local conditions. Also, a monthly minimum wage is set for full time workers and an hourly minimum wage is set for part time workers (Hookway, Barta, Marrioli, 2012). Chinese workers who are full time are covered under a Labor Contract Law, which requires written contracts for all employees, limits overtime, and sets regulations for hiring temporary workers. It also "provides an automatic unlimited contract with guaranteed compensation and more stringent termination requirements for workers who have been employed at the same enterprise for ten or more years"(Gross, 2008). As in the U.S., termination is allowed without notice if employee violates employment rules or law or finds another job and can no longer perform current work. Chinese workers are given a probation period during which they can be terminated. Termination is prohibited if employee has work-related illness or injury, or is pregnant. A unique Chinese law prohibits an employee from being terminated ...

Solution Summary

This solution discusses the the minimum wage and employment termination laws of the United States with the laws of two other countries of your own choosing. It also discusses how an American company can compete in an arena where the competitors routinely use bribery. It discusses how a consultant can protect the company from the risks of violating U.S. laws. It also discusses if the current laws and punishments effectively deter companies from this unethical behavior or if the potential profits outweigh the possible fines for noncompliance. It also selects a product and foreign country and how to enter the foreign market with the product. APA references are included.

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