Compensation and Benefits

Research compensation and benefits for Java Corp. A minimum of two resources are required to support your work. Use the template for additional guidance on components that comprise employee pay or salary and benefits. Abide by the requirements in the proficient column of the scoring guide.

 

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You are the new HR manager for Java Corp., a domestic cold coffee and tea company. Java Corp. is opening a new office in London, England. You are planning on filling one executive-level position with a U.S. citizen who is not already employed by Java Corp. The term of the initial assignment is two years.

 

Using the Compensation and Benefits Template as a guide, create a compensation package for a new expatriate position. Include the following:

Pay or Salary

In this part:

Describe key factors and decisions to make regarding base pay. Note: You do not need to indicate exact salary figures for this assessment.
Analyze additional pay considerations for expatriate positions.
Consider incentive pay, foreign service premium, hardship allowance, and mobility premium.
Benefits

In this part:

Analyze other legally required benefits for an employee.
Include standard benefits, protection programs and paid time off, Social Security, Medicare, federal and state unemployment, and workers compensation.
Analyze the appropriateness of offering additional benefits.
These types of benefits could include relocation assistance, educational reimbursement, and home leave reimbursement, among others.
Describe additional key considerations in designing a compensation package for the expatriate position

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