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    Pay Variation For Parent Country and Host Country Nationals

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    Vijay
    The document discusses compensation differences between parent country nationals (PCNs) and host country nationals (HCNs) working for multinational companies. PCNs are from the country where a company is headquartered, while HCNs are from the local subsidiary's country. HCN base pay is determined by local economic, cultural, and labor market factors, and they receive bonuses not tied to performance. PCNs receive higher compensation including allowances for increased costs of living abroad, education for family, and tax payments, as they are expatriated to other countries.

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    Pay Variation For Parent Country and Host Country Nationals

    Uploaded by

    Vijay
    16 views6 pages
    The document discusses compensation differences between parent country nationals (PCNs) and host country nationals (HCNs) working for multinational companies. PCNs are from the country where a company is headquartered, while HCNs are from the local subsidiary's country. HCN base pay is determined by local economic, cultural, and labor market factors, and they receive bonuses not tied to performance. PCNs receive higher compensation including allowances for increased costs of living abroad, education for family, and tax payments, as they are expatriated to other countries.

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    PAY VARIATION FOR PARENT COUNTRY AND HOST COUNTRY NATIONALS

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    The document discusses compensation differences between parent country nationals (PCNs) and host country nationals (HCNs) working for multinational companies. PCNs are from the country where a company is headquartered, while HCNs are from the local subsidiary's country. HCN base pay is determined by local economic, cultural, and labor market factors, and they receive bonuses not tied to performance. PCNs receive higher compensation including allowances for increased costs of living abroad, education for family, and tax payments, as they are expatriated to other countries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    16 views6 pages

    Pay Variation For Parent Country and Host Country Nationals

    Uploaded by

    Vijay
    The document discusses compensation differences between parent country nationals (PCNs) and host country nationals (HCNs) working for multinational companies. PCNs are from the country where a company is headquartered, while HCNs are from the local subsidiary's country. HCN base pay is determined by local economic, cultural, and labor market factors, and they receive bonuses not tied to performance. PCNs receive higher compensation including allowances for increased costs of living abroad, education for family, and tax payments, as they are expatriated to other countries.

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    of 6

    PAY VARIATION FOR PARENT COUNTRY

    AND HOST COUNTRY NATIONALS

    -R.VIJAYARAGHAVAN
    PARENT COUNTRY NATIONALS:
    PCN (Parent-country nationals) are employees whose nationality is the same as
    that of the firm headquarters — for example, a German employee of a German
    company who is working at a Chinese subsidiary.
    HOST COUNTRY NATIONALS:
    HCN (Host-country nationals) are employees who have the same nationality
    as the local subsidiary. This could be a Chinese employee working at the
    Chinese subsidiary of the German company.
    COMPENSATION FOR HOST COUNTRY NATIONALS
    1. BASE PAY:
    ★Internal Business Factors
    ★The Level of economy
    ★Cultural Norms
    ★Supply and Demand for Labours
    2. BONUSES:
    ★Paid during holiday or Vacation.
    ★Not Considered as a variable Cost.
    ★Not based on Employee’s Performance.
    COMPENSATION FOR HOST COUNTRY NATIONALS
    3. VARIABLE PAY:
    ★Profit Sharing Plans
    ★Stock Options
    ★Pay for Performance
    4. ALLOWANCES:
    ★Position
    ○Shift work or poor physical working conditions
    ○Training new employees
    ★Behaviour
    ○Attendance Allowance
    ★Person
    ○Transportation Allowance
    ○Allowance for Family
    COMPENSATION FOR PARENT COUNTRY NATIONALS

    ★
    Foreign Service Premium
    ★
    Allowances
    ➔
    Cost of living Allowance
    ➔
    Housing Allowance
    ➔
    Home Leave and Travel Allowances
    ➔
    Educational Allowance
    ➔
    Relocation Allowance
    ★
    Tax equalization Payments
    ★
    Spouse Assistance
    THANKYOU!

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