Hello, please review the instructions carefully, this is only a reply to a post that was posted by my classmate… you basically review the instructions and read what they posted and reply and provide feedback and your opinion whether you agree or disagree. The instructions are below….And below the instructions you will see one of the post made by another student.
Please respond to the following:
Explain how balancing the interests of global and local, occupational and functional perspectives may play out in a compensation decision scenario.
Be sure to respond to at least one of your classmates posts.
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Hello Class and Professor,
With different approaches to compensation, many employees are compensated at equal rates with no difference in the rates with the country they are based in. The country you are based in may base compensation on the local rates in that state or country. At the same time, the original place of residence may promote balancing the average costs of living. There are further developments set in place for the value of employees to understand and accepted. Multinational operations need to develop compensation plans for employees that are in line with their global business strategies. One way for an effective global compensation strategy is to create consistent management plans to develop employee mobility.
Thank you for reading,
Sharkara Nesbitt
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