Design of an acceptable pension program


Question 1. As the total rewards director for a large domestic manufacturing company the CEO has announced that they will be opening a new foreign production plant next year in Mexico. This new plant needs to be up and running by the deadline set by the CEO. In order to meet that deadline the company must send ten U. S. based employees, including some upper level managers, to Mexico to get the new plant functional. The CEO has come to you and asked for you to design a comprehensive and effective international compensation package to encourage the employees selected to take the assignment. Draft a memo to the CEO explaining the new international compensation program. In your memo you will need to describe the exact level of pay and benefits you want to commit to the program. For the purposes of this exercise you can assume that all 10 expatriate positions are equal and the domestic equivalent salary is $80,000. Make sure you indicate which base pay calculation you have chosen and what benefits should be offered. Please include APA references.

Question 2. There are many nuances to the design of an acceptable pension program. Design a model program to be offered to the union and explain your rationale.

Question 3. Read the following article:

https://abcnews.go.com/Business/companies-offering-health-care-benefitsperks-part-time/story?id=14805107

Summarize the benefits that each company provides to part-time employees. Discuss the pros and cons of offering such benefits to part-time employees. If you were responsible for making the decision of whether or not to provide benefits to part-time employees what would you do, and why? Please include APA references.

Solution Preview :

Prepared by a verified Expert
Other Management: Design of an acceptable pension program
Reference No:- TGS01866942

Now Priced at $25 (50% Discount)

Recommended (90%)

Rated (4.3/5)