Essays on Expats

Business

Today’s economy entails competitive employees that can surpass the companies’ expectations in terms of output and productivity. When companies and organizations gear to strengthen their leads because of globalization, they send employees abroad for a myriad of reasons. Many multi-national companies (MNCs) deploy expatriates as a strategy to complete critical tasks such as corporate control, sharing of expertise in potential global markets, facilitation of entry into new markets and development of competencies for international management (Chew, 2004). About 80% of medium and large companies send expatriates, while 45% intend to increase the number of expatriates to achieve their ...

Introduction 4

Literature Review 7

Results and Discussion 13 Conclusion and Recommendations 14

References 15

Appendixes 18 Introduction France has been debated on their expatriates’ citizen lately due to the expansion of expat workers. It is seen negatively as some politics state that it is a “lose of brains” for the country because of the crisis and fiscal pressure of the government (Biacabe & Robert, 2014). The French system is often criticized due to the high risk that entrepreneurs are facing when they open their business in France. For instance, as Jean Tirole who awarded the Nobel Prize in economic, explained the French labour ...

Affiliated Institution

The purpose of this paper is to discuss the compensations strategies that are used by multinational companies for its employees; what are those strategies? Are they fair enough for the entire employees? Does implementing those strategies assist in achieving the organizational and business objectives? We will talk about those issues in details. Before jumping into the types of compensation, we need to take a closer look on the forms of employment by multinationals as it affects the compensation plan of the employee significantly. First of all, there is the Parents Country Nationals (PCNs) who are personnel of the same ...

A Study on the differences between Maersk and Citigroup in IHRM practices

Globalization of business operations and the emerging issues have necessitated that business organizations reformulate their management policies to resolve the problems arising out of a diverse cultural atmosphere. Business destinations in developing countries offer a multitude of opportunities but organizations have to prepare themselves well to address the differences in business factors influencing success. These factors may be related to political, economic, cultural or legal environment and affect the functions of organizations. One of the organizational functions affected seriously by the diverse factors is that of International Human Resource Management (IHRM) and multinationals formulate different policies to confront the ...

Introduction

In the contemporary corporate world, business organizations are increasingly expanding across national borders in order to meet their competitive requirements, availing the low cost and labor options, and to get the best talent from all over the world. However, from a multinational perspective, thinking about expansion usually begins with the concern of managing expatriates and their associated issues. This paper elucidates the case of our organization, which is expanding its business of selling undies/inner wears in the Romanian market. The business has initiated to invest with a local Romanian firm that will produce the product for both men and ...

Describe and critically evaluate the types of pay and reward systems a multinational company could adopt to remunerate expatriate managers.

Some of the major problems that may come across the way of expatriates while going abroad for the assignments include inter-cultural management, managing the social inclusion of expatriates in the host country, providing standard health benefits, security and education, utilities and incentives keeping the exchange rates, and national/international compensation scale in considering and also facilitating their re-entry within the home country after the completion of the assignment. Thus, the major concern for the multinational corporation is to find out ways that keep the expatriates motivate and retain for the optimal period of time (Reiche, 2011, n.d). There are some ...

IS IT ALWAYS NECESSARY TO STAFF LOCAL PEOPLE IN 'DIFFICULT' COUNTRIES

Recruiting employees is very important to the success of the organization. The importance of having the right employees in the organization increases as organizations expand to different countries particularly difficult countries (Albrecht. 2000). One question that management has to deal with while expanding to difficult countries is whether to recruit local staff in these countries or hire employees from that particular region. Both strategies have benefits as well as drawbacks. Recruiting employees from that particular country will be beneficial as these employees know the culture and background of that country, and therefore, they can easily interact in the region. ...

Is it a good thing to hire foreign workers when there is unemployment?

Introduction Saudi Arabia is facing a number of challenges in the form of reduced revenue from oil companies, increasing rate of unemployment for its citizens, persistent threats from domestic unrest etc. In this context, one of the sections of the society is tremendously being marginalized, that is the foreign workers who are being paid quite less. In order to cope with the issue of unemployment, the authorities of Saudi Arabia is looking for proposals in which it would be preferred to limit the foreign workers to 08 years stays in their country. In such proposals, companies are discouraged from ...

Introduction

The increasing convergence of global businesses across geographies has made human capital and service exchanges commonplace. By moving across physical and virtual (i.e. web) boundaries, cross-cultural encounters become increasingly a necessary requirement for effective work experiences locally and globally. This emphasis on cross-cultural competence in current business ecosystem is made more necessary in financial service industry. Indeed, of all cross-border services, financial activities are probably one most sensitive to global influence. Notably, by exchanging services via banking-based and non-banking financial systems, influence of not only provided services but also of people offering such services is well embedded in day-to-day ...

Question reviews

An expatriate is someone who is hired by a company and moves to a foreign country to manage one of the company’s branches. The person is hired when the company does not find a qualified person to carry out the same job from the same country. There are advantages and disadvantages of hiring expatriates. Expatriates are more likely to have a higher output quality than the local employees. Local employees may not be familiar with the company’s tradition. Expatriates are more likely to train new employees in a better way. The local country may also have a ...

Overview

Chengdu is one of China’s largest cities. In people’s perception, it is favorable and in 2006 China Daily named it the 4th-most livable city in the country. It is also one of the oldest cities in the world, founded 2,000 years ago. Most recently it was in the national spotlight for earthquakes, which led to thousands in the city and surrounding area to lose their lives or homes. The major religion of the area is Buddhism and Daoism.

Geography

Chengdu is one of China’s most important cities. It is located on a large plain area that varies ...

Expatriates face a myriad of cultural issues as they conduct their business internationally and employ certain adjustment mechanisms. In general, expatriates face cultural and identity issues of temporariness, uncertainty, gender inequality, differing language skills, alienation from the corporate culture, “nomadic” family issues. This view has been supported in the works of McNulty and Inkson (2013), Hocking, Brown, and Harzing (2007), and Benson and Pattie (2009). Cross-cultural adjustment necessitates traits, skills, and capacities such as open-mindedness, cross-cultural awareness and sensitivity, flexibility, patience, and a sincere interest in other cultures. Those who may not readily adjust to new cultural surroundings may need ...

Introduction

International Human Resource Management (IHRM) is concerned with the management of labor of a company that is international in operations. This implies that the company in question has several branches extensions of its parent company in its home country in other nations around the world (Harzing & Pinnington, 2011, p. 13). Multinational corporations are increasingly finding it necessary to conduct strategic international human resource management (SIHRM) due to the global dynamics in the manner in which businesses are conducted. The objectives of SIHRM are built to ensure that the managers are cognizant of the differences in world’s market segments in ...

Introduction

In today’s contemporary business society, various organizations tend to hire employees from different regions and locations to increase the effectiveness of the business. The reason is that having an expatriate manager of employees helps the business to understand the cross-cultural gaps and increase the effectiveness of the business (Chew & Debowski, 2008). In addition, employees these days are often required to travel to other places and work with multiple corporations in either collaboration or directing the organization’s business operations. Moreover, employees are often required to attend international conferences and work groups that help to increase the skills as ...

For ADNOC, a leading oil and gas company operating in transportation, shipping, marketing and distribution (ADNOC official website), it is crucial that its customers to be highly satisfied for the services delivered. In the changing economy that defines the United Arab Emirates’ economy, the trend that indicates that “consumer expectations grow for luxury products and services” (Euromonitor International) implies increased organizational requirements for aligning the consumers’ expectations with qualitative services. Providing gas and oil for various industries, ADNOC needs to assure constant business in the increasingly competitive market in which it activates and improving the quality of its services is ...

This paper is dedicated to an overview of the divorce problem in the UAE and to summarizing existing research on the negative impact of divorce on children. In the past, divorces in the UAE were quite rare. Recent studies show dramatic growth in divorce rates in Gulf Cooperation Council countries, especially in United Arab Emirates. The figures are impressive. According to the National Centre for Statistics, in 2013 3,901 divorce cases have been proceeding in courts within the UAE. This figure includes marriages involving Emirati spouses. The government Marriage Fund experts stated in their study that divorces ...

Introduction

GE or General Electric is an American multinational corporation that was founded in New York in 1892 and has its headquarters in Fairfield, Connecticut, in United States. I am working as a global HR manager in GE’s office in India, which is located in Gurgaon. I am responsible to hire expatriates for the position of ‘Sales Manager- oil and gas, Asia Pacific’. Being a Fortune 500 company, it is the duty of the human resource department to attract and retain the best talent possible. In today’s globalized economy, it is a challenge for international human resource managers to recruit the ...

Introduction

Several nations have moved towards ensuring that the locals and immigrants consume their locally produced goods and services. However, there are challenges in the production of goods and services that always drives nations into outsourcing specific commodities that they cannot produce locally. This could be because these nations lack the raw materials for producing these goods and services such as technology, personnel or other factors, which are unique to every nation. However, some nations export their technologies to other countries without much ado, but they put many bureaucratic procedures aimed at discouraging foreign investors from venturing into the local ...

Chapter 3: Methodology

3.1 Research Design “A research design is a framework or blueprint for conducting the business research project. It details the procedures necessary for obtaining the information needed to structure or solve business research problems.” (Green Field Online Research Center, 2009). Choosing the right research design depends on the topic at hand, and whether a hypothesis is available, initially or is to be deduced from the literature review and primary research itself. This research design approach has been carefully selected, in order to match the topic. Three in depth interviews have been conducted with experts on the topic, their expert opinions ...

Abstract

It is important for the organisations to carefully manage the cross cultural elements and factors which directly influence the performance of the employees in international ventures. One of the important issues in this regard is adoption of the new cultural and norms by the employees in the host country. The four main phases which are involved in this process of adoption are: honeymoon, cultural shock, gradual adjustment, and reverse cultural shock. It is important for the organisations to manage these phases in effective and efficient manner in order to make sure that the employees easily adopt the new culture ...

I. Introduction

More and more foreigners contemplate to retire overseas. They want to retain their citizenship but they want to retire abroad. This idea is enticing. Financial consideration is the main concern. Others include the political conditions in the targeted retirement destination, taxes, cost or standard of living, among others (Todd, 2010). They eye overseas retirement as they want to enhance the value of their retirement money. In this case, they need to carefully assess their options. For instance, Americans who want to retire in cost effective, exotic place should address many financial planning issues, including taxes, insurance, investments and ...

1. You work in the human resources department at the headquarters of a multinational corporation. Your company is about to send several American managers overseas as expatriates. Utilize resources available on the global EDGE Web site regarding expatriate life to compile a short checklist of concerns and steps for your company to go through before sending its managers overseas.

The global economy offers lucrative opportunities for the multinational organizations so as to introduce their services and products to new markets. Steve Hoffman, CEO of iJet Intelligence Risk Systems says “The economic climate of the past few years has increased organizations’ appetite ...

Saudi Arabia and Australia:

A Linguistic Approach

Male and Female Workplace Interactions in Saudi Arabia and Australia: A Linguistic Approach

When a person talks about language, it is generally referred to as a mode of communication between people. However, different cultures and countries have languages that are vastly different from each other. If these societies spoke only their own local languages, communication would have become very difficult as people, even from different states from within a country in some cases, simply would not understand each other. This is where having a common language becomes a convenient mode of understanding, conserving individual social identity while promoting stronger social bonds ...

Objective

I aim to work in a challenging environment that enables me to employ my skills in construction, logistics, and contracts and to display my leadership abilities therein. I thus aspire for an opportunity to lead a project from the planning and design phases to the construction phase I desire to be involved with the processes of defining the project scope, directing the implementation of plans, and the coordination it entails by ensuring immaculate resource allocation and task delegation, in compliance with the standard practices and organization and corporate policies I am confident that, given my experience in decision ...