Effectiveness of Expatriate Remuneration at Ford Motor Co

Literature Review on Internationalization
August 12, 2021
With specific reference to the acquisition and development of employee skills, how can Human Resource Management improve business performance?
August 12, 2021

Effectiveness of Expatriate Remuneration at Ford Motor Co

This research work evaluate and analyses the effectiveness of expatriate remuneration at Ford Motor. Furthermore, it depict aim and objectives where as literature review reveals thoughts of authors on expatriate remuneration. On the other hand it explain issues related to expatriate remuneration packages which are basically highlights different allowances other benefits like, physical condition insurance, educational expenses, home leave etc. And different allowances cover that, relocation allowance, added responsibility allowance, hardship allowance, clothing allowance, separation allowance, car allowance. Expatriate remuneration strategy, explain what should be the approach towards expatriate remuneration. On the other hand research methodology concentrate on data collections different methods and quantitative and qualitative research methods. Next section is about research questions which helped me to analyze data through graphical representation. Graphical representation is very easy method to analyse data, because it shrink large information in few graphs. Whereas ethical issues describe about administration services, international taxation, host government relations, international orientation and relocation etc. Limitation tells about importance of time and findings of this report is not applicable to the other organisation. Finally it explain conclusion.

1 .INTRODUCTION

Sources for this research include books, journals, article, media, organisational websites and commentary of academic experts on expatriate and strategic management. The first section of my report tells about research aims and objectives, Ford Motor brief introduction, and literature review, which gives idea about expatriate remuneration, and related issues where as second section explain research methodology, and research question layout. Third section describe data analysis, ethical issues involved and limitation of my research, and finally it revels conclusion.

2. RESEARCH AIM AND OBJECTIVES

Today many companies growing their business globally, for variety of reasons. Naturally they want to send home country employee abroad or hire host country national or hire third party employee to look after companies foreign operations. All 3 cases are connect to good remuneration packages. So it’s become very important to multinational organisation, to concentrate on expatriate remuneration and related issues. By taking into account all this fact, my research aim and objectives are as follows.

(2.1) Aim

Aim of this research is to investigate the effectiveness of expatriate remuneration in a ford motor

(2.2) Objective

  • To design of remuneration strategies, and systems to achieve organisational strategy
  • To prepare a report and corresponding result circulated to the senior management staff based at Ford Motor.

3. FORD MOTOR

Ford motor is one of global leader in automotive industry. They have manufacturing and distribution centre across the six continent like North America, Europe, Asia pacific, Latin America, middle East, Africa, Caribbean. Approximately they are employing 201,000 employee in 90 countries. The companies have variety of automotive brands and that includes Ford, Lincoln, Mercury, Volvo. Furthermore company have their own financial services like ford motor credit (Ford, 2009).

4. LITERATURE REVIEW

Many authors have different thoughts about remuneration but the spirit an essence remains same. The literature review suggests that Krueger (2007), “as