Learning outcomes assessed: Identify and explore purpose and scope of international human resource management, evaluate different types of multinational companies, their structures and strategies, and its influence to the people management practices. Assess the impact of cultural differences in the management of people in multinational organisations and demonstrate knowledge of global issues that influence the international HRM practices. Analyse international staffing approaches, compensation strategies and management of virtual team This coursework is worth 50 % of the total marks for this module. IHPR 5025 International HRM Practice Summer 2017Coursework Brief GSM LONDON Page 1 of 10 Coursework Instructions Please read carefully • Carefully read the module handbook, the marking criteria and the grade descriptors.
Provide a brief overview of the chosen MNC and outline the ways in which they have expanded the business globally. Briefly mention the tasks/topics which will be evaluated within your assignment. (200 words; 10 marks) PMehta@gsmlondon.ac.uk 4 Cross cultural training should be provided by MNC’s including general knowledge about the country and essential tips on behaviour and sensitive issues. a) Prepare a short report to create ‘cultural awareness’ for future expatriates on any country of your choice. b) Evaluate the measures adopted by your chosen MNC to prepare & train expatriates for their new overseas assignments in any two countries of your choice. You are required to support your findings from literature search (800 words; 40 marks) PMehta@gsmlondon.ac.uk 5 You might wish to discuss the following points: Your understanding of ‘culture’ & ‘cultural shock’. The national and corporate culture. The understanding of how national culture affects corporate culture and strategic decisions Training of expatriates on cultural issues. (e.g. training to overcome ‘cultural shock’) Some discussion on Handy’s / Hofstede’s cultural models to support your answer. PMehta@gsmlondon.ac.uk 6 The reward and compensation systems in MNC’s should effectively balance the needs and desires of host country nationals (HCNs), parent country nationals (PCNs) and third country nationals (TCNs). MNC’s adopt different types of pay systems like Going rate approach, Balance sheet approach and Local Plus approach to fit into local laws and global policies. a) Identify and discuss the complexities involved in the designing of a reward package for an expatriate employee. b) Identify and evaluate the reward and compensation practices offered by your chosen MNC in any two countries of your choice. You are required to support your findings from literature search (800 words; 40 marks) PMehta@gsmlondon.ac.uk 7 You might wish to discuss following points from the employees’ & employer’s perspective: Key components of International Compensation Programmes for Expatriates – (Base Salary; Allowances; Benefits) Approaches to International Compensation: (Going Rate Approach; The Balance Sheet Approach & Local Plus Approach)