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Compensation policies

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As an IHRM, what do you believe should be the main objectives for a multinational firm with regard to its compensation policies?

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This solution discusses compensation policies.

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As an IHRM, I believe that the main objectives for a multinational firm is first and foremost to treat each individual fairly in terms of compensation. It will be important that this firm does not pay more, or is perceived to pay more, to one nationality versus another. It is very important that any IHRM is fair to every employee as failure to do so may result in your firm receiving less than stellar candidates for employment.

The objectives of the firm should furthermore to be competitive in their environment. The firm should pay attention to what their ...

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