¶ … International Compensation Package for Expatriate Executives Assigned to Mexico
This memorandum is in response to your request for a comprehensive and effective international compensation package to encourage the employees selected to take the assignment to facilitate the launch of the company's new operations in Mexico. The following recommendations are based on 10 equal expatriate positions with a domestic equivalent salary of $80,000. Notwithstanding these equivalencies, the research to date confirms that "one-size-fits-all" compensation packages may be less effective than individualized approaches that take executives' current life situation into account (Divakaran & Mani, 2012).
It is reasonable to suggest that some of these 10 executives (particularly those who are single) will require little or no encouragement to accept the assignment to Mexico, viewing it as a plum assignment given the lower cost of living and amenities that are available there (Cost of living comparison between Mexico and the U.S., 2015). By contrast, many if not most of these 10 executives may require significant encouragement in order to convince them that the assignment to Mexico is in their best interests because of the stress and anxiety that expatriate assignments can produce (Wederspahn, 1999).
First and foremost, the compensation...
Ethical Dilemma and Corporate Responsibility Board of Directors RE: Response to Ethical dilemma created by the relocation program I am writing this memo to inform the directors that this company is faced by an ethical dilemma. The ethical dilemma presented in this report is based on challenges of balancing corporate loyalty and corporate responsibility. This report advises the Project Management office (PMO) on the possibility of applying Workers Adjustment and Retaining Notification (WARN)
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