Multinational Corporations and workforce challenges.
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Discuss some of the challenges that MNCs may experience when working with labor workforces that are PCNs, HCNs and TCNs.
What does each of the acronyms stand for?
MNCs = Multi National Corporations
PCNs = Parent-country nationals
HCNs = Host-country nationals
TCNs = Third-country nationals
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Solution Summary
Expounding on some of the labor challenges facing multinational corporations when dealing with HCNs; TCNs; & PCNs.
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Let me begin with PCNs (Parent-country nationals). With economy being such a key focus in the media today cost of course is the first challenge that comes to mind. Costs for an employee assigned to a foreign country are generally greater than the salary they would receive in their home country. I also believe another problem would be ...
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