INTERNATIONAL COMPENSATION 1 International Compensation Total Compensation HRM 324 INTERNATIONAL COMPENSATION 2 International Compensation Introduction Benefits are very important to employee s and generally are listed towards the top of the priority list when considering a job An employee s sought after benefits are usually in line with their personal lifestyle A single mother may be looking for the benefits of flexibility A employee that is a husband and father may be more concerned with family medical and dental plans Whatever the case may be the employer needs to be certain that they offer benefits that are effective for the needs of the employee s That being said this paper will review something s that an employer should consider for employee s that are working abroad Consideration for the Working Abroad Employee Benefits When you think about working abroad you first consider the fact that the environment is different than that of the home from in some way shape form or fashion There are different dynamics that have to be addressed than an employee that is working local One example of a working abroad employee benefits package is the military When a soldier is deployed over seas they receive an additional pay known as hazardous duty pay The soldier is working overseas sometimes in a war situation and sometimes in a rescue mission capacity The soldier is exposed to dangers that they are not faced with on the home front so they are compensated more because of the risk Another example is shift work often times people who are working off hour shifts receive shift differential pay rate which is paid for the inconvenience of working for example the grave yard shift As a Human Resources manager who is developing a benefits plan for an employee that is working abroad there are many things that need to be considered in order to achieve compensation that meets the needs of the employee Travel must be considered when putting together the compensation of the employee If the employee is in a place where public transportation is not an option then the company might want to provide a company car or Schaeffer Also culture may play a role in the compensation if food is different and the employee will have to spend extra to eat they way he or she is accustom there may an allowance for this as well In addition sometimes the employee is paid a clothing allowance to help out with the cost of clothes If an employee is in a cold climate they may need to purchase items outside of their normal wardrobe Conclusion There are many things that need to be considered when compensating an employee both locally and internationally and done properly the employee will be equipped to perform their job to the best of their ability However if things are not carefully considered a company can find themselves with an employee unable to provide the service in which they are hired to do for lack of tools and support
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