HUMAN RESOURCE MANAGEMENT IN THE GLOBAL ENVIRONMENT
Sample for number 1
Table Description automatically generated
County should be choosing one of from South America and other one from Africa
Assignments/Projects/exercises Defined
1. Individual Project: Global cultural differences in HR policies 10% – Due in Week 3
In week 2 your instructor will be performing analysis of international HR policy differences. Using the same pattern you are required to outline HR policies practiced in Latin America and African region broadly. You are required to create a table for your analysis
Assessment Criteria
· For this information to be robust you have to use at least 5 references Google, Wikipedia will not be considered as authentic sources you will be marked down for using them.
· Although you are required to submit your project in table form, however, if you have any specific policy that you would like to explain please include a note at the end of table or a bullet point
· You will be marked on thoroughness of your analysis and how well informed your analysis is. For Instance if you copy all the elements of instructors analysis there is less chance of newness in it you can look at added elements such as union arrangements, pay structures etc.,
2. Individual Exercise: Working with international Compensation/taxation Differences 10% – Due in Week 7
For the sake of exercise students will consider Canada as their home country. Students will be selecting 1.their dream role/job and 2. Their dream country this would be a country that you have always wanted to move to (make sure its not Canada) make sure you are converting your preferred destination currency into CAD for easy calculations; For example if your dream country is USA and you will earn 7000USD annually for your preferred job you will convert 70000USD into CAD
· Now look at the average salary for your selected job title in both Canada and your dream country
· Look at the tax bracket for your job title in both Canada and your preferred location (this will help you understand how much would you be taxed in both countries)
· Calculate COLA (Cost of living) not for countries but for cities; for instance Vancouver v/s Los Angeles and so on. Do no rely on websites that give you exact figure for cost of living instantly as their data is incorrect. COLA add any items that you think should be included in cost of living Remember, the most concrete your item list is the better.
· In the end calculate your Earnings after taxes and expenses savings
· For your clarity I have added a table below to simplify your calculations
HR Consultant Vancouver Canada home country
HR consultant LA, USA
Avg yearly salary
Avg yearly salary
Taxes state, fed etc.,
Taxes state, fed etc.,
COLA add any items that you think should be included in cost of living –
COLA
Savings
Savings
· Conclusion: Based on your results write a conclusion as to whether or not you are moving to your dream country strictly one paragraph not more than 3 quarters of a page.
Assessment Criteria: You will be marked based on how accurate your figures are, how thorough your analysis is and how well written and creative your conclusion is. Although, there is no specific number of references, however, include all your sources of information that you have used to gather the numbers/figures along with hyperlinks that instructor can access.
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