Advertisement

Compensation and Benefits: Essentials of International Assignment Management

Reference work entry

Abstract

Internationalization became an essential strategic dimension for companies to ensure profitable growth. International assignments play an important role to implement this strategy. As a consequence the number of international assignees is growing year by year; they work as interface manager between headquarters and branch office, as cultural ambassador, or as technical specialist to transfer knowledge. For ambitious and open candidates, a position in a foreign country and in a different culture can be an interesting step to further develop their professional career. International assignment management first of all needs a policy framework, defining the compensation and benefit package, especially the typical assignment allowances depending on distance to the home country and hardship of the host country. The administration of international assignments secondly requires standardized processes for all phases of an assignment, from selection to reintegration and with clear allocation of roles and responsibilities between all human resources partners involved. Organizations exchanging bigger numbers of specialists and executives between several countries work with centralized assignment management teams, who cooperate with local HR in the host countries and often use external partners for relocation, social security, payroll, and taxation to manage this complex task.

Keywords

Assignment Expatriate Going global Global mobility International assignment management International career Localization Secondment 

References

  1. Deutsche Industrie- und Handelskammer in Japan (DIHKJ) –Auditor – (2007) Expatriate versus Local, Vor- und Nachteile von Expatriates in japanischen Tochtergesellschaften deutscher Unternehmen. http://japan.ahk.de
  2. Kast S (2010) Mapping the successful expatriation process. Diploma thesis at Eberhard – Karls – Universitaet TuebingenGoogle Scholar
  3. Morlok E, Dolles H (2005) Die Auslandsentsendung aus Sicht der mitreisenden Familie. JAPANMARKT Januar 2005 und Februar 2005Google Scholar
  4. Sedlmayer S (2009) Expatriates – Eine kritische Betrachtung aus organisationaler Perspektive. Thesis at Universitaet der Bundeswehr MuenchenGoogle Scholar
  5. Weber S (2010) Implementierung westlicher Standards an einem neuen Unternehmensstandort als Voraussetzung fuer den internationalen Mitarbeitereinsatz. Diploma thesis at Hochschule PforheimGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2016

Authors and Affiliations

  1. 1.Daimler Greater ChinaBeijingChina

Personalised recommendations