Phillipines is the country
This week, you need to create an expatriate’s compensation plan you consider best suiting the working environment of the country selected by you in Week 1.
For this purpose, you need to first search the Internet to review the various compensation plans adopted by global organizations for expatriates and focus on the following points:
What are the various pay models used by global organizations to compensate expatriates?
What elements are covered under these compensation plans (for example, housing or car allowances)?
Next, based on the information collected from the Internet and using your text and course readings, create the compensation plan that you feel best suits Famivego’s current situation (its acquisition of another organization and the organization’s need to have expatriates). While creating the compensation plan, make sure to include information on the following points:
What are the various pay models (for example, home-country balance sheet, local market, or hybrid model) to be considered when creating the compensation plan?
What are the risks associated with each of the pay models?
Why do you consider your compensation plan to be the optimal expatriate compensation approach for Famivego? Support your response with relevant examples.
Name your document: SU_MBA6405_W5_A3_LastName_FirstInitial.doc.
Submit your document in a two -page Microsoft Word document to the W5: Assignment 3
Cite any sources you use using the correct APA format on a separate page.