Distinguish national and global culture and the impact they have on the globalizedworkforce in order to contribute to hu

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This assignment allows you to demonstrate mastery of course outcomes 2 and 4:

Distinguish national and global culture and the impact they have on the globalized
workforce in order to contribute to human resource practices across countries and cultures
• Analyze and assess global human resource policies, practices, and functions in order to
meet an organization's goals and objectives while maintaining the values and traditions of
the local culture
The management team has now hired 4 managers, who are PCNs (parent country nationals).
Now they need to figure out how to develop a compensation plan that is aligned with the
company’s compensation but also takes into consideration the host country’s financial
situation. You are asked to:

a. Put together a compensation plan along with a balance sheet (see example I week 5).
Assume that the base salary of a manager in the U.S. is $5500 a month. You may need to
do some additional research to find out what taxes are in Florence, what is a typical
housing allowance, and cost of living. Your balance sheet should reflect monthly
amounts.
b. List the top three benefits that should be offered to the expatriate. Explain why you
chose these as the most important. Make sure the cost is included in your balance sheet.
Review the Balance Sheet Approach to Compensation in the course file “Global
Compensation” in week 5.
Use at least three course resources for this assignment.

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