Multinationals today face far more complex global mobility issues than ever before. Deciding on compensation policies, as well as how to communicate and administer these policies, has become a major strategic and logistical challenge.
New York (August 24, 2009)—Multinationals today face far more complex global mobility issues than ever before. Deciding on compensation policies, as well as how to communicate and administer these policies, has become a major strategic and logistical challenge. “What may work when assigning a few expatriates who originate from one home country,” explains Roger Herod, ORC senior vice president, “may not be appropriate for relocating individuals on a complex range of different assignments from a wide range of home countries.”
To help guide HR managers and business leaders through the international compensation maze, ORC Worldwide is pleased to announce the publication of the Global HR Management Series in conjunction with the Society for Human Resource Management (SHRM). The 7-book series, written by Herod, explores in a succinct and practical manner the critical issues in global HR management: · Expatriate Compensation: The Balance Sheet Approach describes the most common system of compensating expatriates, protecting them from home-host cost differences. · Short-Term International Assignments: Implementing Effective Policies delineates the distinctions between short- and long-term assignments and helps define policies for short-term assignments. · Global Compensation and Benefits: Developing Policies for Local Nationals provides a detailed look at key issues in local pay practices, assessing the competition, data sources, and more. · International Assignment Programs: Tackling the Critical Issues highlights key factors in dealing with policy dilemmas and expatriate concerns, and establishing effective administration systems. · Expatriate Compensation Strategies: Applying Alternative Approaches explains the main alternative approaches to pay when dealing with multiple assignment categories, assignee nationalities, and home-host locations. · Benchmarking International Assignment Programs: Assessing Overall Effectiveness presents the latest and most effective methods in comparing policies and costs against competitors. · Managing the International Assignment Process: From Selection Through Repatriation describes the principles underlying effective management of pay and non-pay-related policies.
The books are available through the SHRM Store (800-444-5006) or by visiting www.shrm.org/Publications/Books/Pages/Series--GlobalHRMgmt.aspx <http://www.shrm.org/Publications/Books/Pages/Series--GlobalHRMgmt.aspx> for information on individual books or shrmstore.shrm.org/browse.cfm/4,5497.html <http://shrmstore.shrm.org/browse.cfm/4,5497.html> to buy the entire set. ORC Worldwide, an HR consulting company, provides global solutions to HR management and compensation concerns through customized consulting, information analysis, and unique peer network forums allowing common-interest groups of HR executives and specialists to share information and experience. ORC, whose roots trace back 75 years, serves large and mid-size companies, not-for-profits, and non-government organizations around the world. Headquartered in New York, ORC has offices in Chicago, Dallas, Dubai, London, Los Angeles, Melbourne, Munich, New York, Paris, Sacramento, San Francisco, Singapore, Tokyo, Washington, D.C. and Wellington. Visit www.orcworldwide.com <http://www.orcworldwide.com> .
SHRM is the world’s largest association devoted to HR management, serving the needs of HR professionals and advancing the interests of the HR profession. Founded in 1948, SHRM has more than 250,000 members in over 140 countries, and more than 575 affiliated chapters. Visit www.shrm.org <http://www.shrm.org>
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