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American Compensation Vs International Compensation

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International Compensation vs American Compensation

by
Tondalia Williams

Mary Russo Chadek
Human Resources Management
AL 359
13 August 2014

As I develop in mind, body and spirit, I pledge on my honor that I have not given, received, Witnessed, nor have knowledge of unauthorized aid on this or any assignment.

.
International Compensation vs American Compensation When studying Human Resources much emphasis is placed on US compensation and benefits. However, as time has progressed we have seen many Fortune 500 companies expand their businesses on a global scale. Because of this, Human Resources managers have to be able to have a basic knowledge of how international compensation works. This knowledge will be especially …show more content…
As a matter of fact, American compensation and benefit packages are the hardest to compile. The first step you need to take is to review the compensation for that particular manager with similar backgrounds in your industry. Since there are different levels of executives, you should make sure the information you receive is accurate. Since the major senior executive salaries have to be based on the decision of the Board of Directors, you need to make the compensation and benefit packages are not extensive. For example, the average CEO makes a median salary of $741,599 without the additional perks he/her receives; if you include salary, bonuses and some benefits with the CEO’s his new median salary becomes $1,200,000.00. Some of the benefits they are given include access to the corporate jet, company car (for both the CEO and spouse), stock options, signing bonuses, et cetera. (Salary.com, …show more content…
Retrieved from ChineseGovernment.com: http://www.chinesegraduate.com/news/view/2011/01/14/employee-benefits-in-china
Lowe, K. B., Milliman, J., De Cieri, H., & Dowling, P. J. (2014, August 7). academia.edu.
Retrieved from International compensation pratices: a ten-country comparative analysis: www.academia.edu/2727750/International_compensation_pratices_a_ten_country_comparative_analysis
McKenzie, B. &. (2005, January 1). China Employment Guide. Retrieved from Cornell University ILR School: http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1015&context=lawfirms
McKenzie, B. &. (2005, January 1). China Employment Guide. Retrieved from Cornell University ILR School: http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=1015&context=lawfirms
Nancy Kissel - Cheating wife beat Merrill Lynch banker to death. (2014, August 25). Retrieved from Orient Expat: https://www.orientexpat.com/forum/2624-nancy-kissel-cheating-wife-beat-merrill-lynch-banker-to-death/
Nexis, X. p. (2014, August 15). China: Pay and Benefits. Retrieved from International Manual: http://www.xperthr.com/international-manual/china-pay-and-benefits/9512/
Salary.com. (2014, August 13) Retrieved from

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