International Business As the World Essay

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In the same way, working away from home normally involves a lot of challenges relating to the aspects of orientation and education. Expatriates have to adapt and learn different languages in order to effectively cope. In this regard, education and orientation allowances are normally included in their pay so as to enable them to address some of these challenges. Human resource managers are therefore normally in a fix regarding the strategies to use in paying the expatriates and those for domestic nationals. In any case, an improper policy might greatly affect the motivation and performance of the local employees which might eventually be detrimental to the organization.

In the same way, most organizations pay their expatriate employees other additional allowances which might include overseas premiums, leave reimbursement and payments for termination of contracts. These bonuses are normally a consequence of the need to create no difference between working in foreign countries and working at home. More often, human resource managers are confronted with challenges emanating from the totally different bonus and allowance programs for different countries.

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In most cases, countries rarely exhibit the same programs in paying their expatriate workers. In this case, creating a sense of uniformity becomes a great challenge to the human resource managers. Whichever the case, any payment made to expatriates must always incorporate the aspects of exchange rate changes often realized in currencies. This is done in order to avoid disadvantaging the workers who might greatly lose incase exchange rates disfavor them.

Courtesy of globalization and a borderless society as currently emerging, there is a need to harmonize the compensation of foreign nationals and those of domestic workers in order to limit some of these challenges realized in the process. However, much of this process is still at its experimental state......

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