GR7 - International Remuneration: An Overview of Global Rewards

Total Remuneration Within Global Organizations

This course offers an overview of total rewards and their role within global organizations. Topics include the development of effective compensation, benefits and work-life strategies that respond to organizational and environmental complexities, a discussion of expatriate pay assignments, an analysis of the influence of governments on rewards practices and the role of total rewards within the overall global management of human resources.

• Examine why companies globalize and the impact of it.
• Identify internal and external influences that affect the design and delivery of global rewards.
• Discover considerations to examine when developing a global compensation/rewards strategy.
• Identify general benefits in different regions of the world that may serve as a starting point for developing a global benefits strategy.
• Explore work-life, performance and recognition and development and career opportunities, and their effect on attraction, motivation and retention throughout the world.
• Learn approaches and issues associated with managing international assignments.
• Identify areas to assess and key factors related to successful cross-border mergers and acquisitions.

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