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 ...