Executive Solution Overview
[>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting) Scenario You are the new HR manager for Java Corp, a domestic cold coffee and tea company. Java Corp is opening a new office in London, England. You are planning on filling one executive level position with a …
Assignment Prompt & Instructions
[>Accounting homework help](https://www.sweetstudy.com/fields/business-finance-accounting)
Scenario
You are the new HR manager for Java Corp, a domestic cold coffee and tea company. Java Corp is opening a new office in London, England. You are planning on filling one executive level position with a U.S. citizen. In the scenario, the employee filling the role can either be an existing employee or a new hire. The term of the initial assignment is two years. Design a compensation package for this position as the new HR manager.
Create a compensation package for a new expatriate position. Include the following:
### **Pay or Salary**
In this part:
– Describe key factors and decisions to make regarding base pay.
– Specifically, discuss how base pay would be determined, what factors influence base pay, and in what way.
– **Note**: You do not need to indicate exact salary figures for this assessment.
– Analyze pay considerations specific to expatriate positions.
– Consider foreign service premium, incentive pay, hardship allowance, mobility premium, and the like.
### **Benefits**
In this part:
– Analyze legally required benefits for an employee.
– Include social security, Medicare, federal and state unemployment, and worker's compensation.
– Also, discuss any legally required benefits that may be different in England compared to the United States.
– Analyze standard benefit offerings.
– Include health insurance, paid time off, employee assistance programs, et cetera.
– Discuss factors that might influence these offerings such as company size, role of the employee, company location, et cetera.
– Analyze the appropriateness of offering additional benefits or resources to employees facing an overseas work assignment that would ease their transition.
– These types of benefits could include relocation assistance, home leave reimbursement, spousal support for finding work, cultural or language training, among others.
### **Additional Requirements**
Your assessment should also meet the following requirements:
– **Length**: 3 double-spaced pages, plus a reference page.
– **Written communication**: Communicate in a manner that is scholarly and professional. Your writing should be:
– Concise and logically organized.
– Free of errors in grammar and mechanics.
– **Validation and support**: Use a minimum of four relevant and credible scholarly or professional resources such as the _Wall Street Journal_ to support your work.
– 2 years ago