This case study is based in Malaysia in order to assess four multination chemical industries so as to find out if the remuneration strategy applied is cohesive with global ways. Another focus was to find out if globalised foreign owned Multinational compa

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REMUNERATION SRTATEGY AND ITS EFFECTIVENESS ON A CASE STUDY FOR FOUR MULTINATIONAL COMPANIES IN MALAYSIA.

Remuneration strategy is the strategy that aims at recruiting right people with correct combination of skills so as to ensure the organization is able to meet its objectives.

In order for a company to achieve a good remuneration strategy they need to balance the following thing: The values as well as needs of an organization, aspirations and needs of employees, inside connection between positions and roles and outside market proficiency needed and lastly importance of the positions

This case study is based in Malaysia in order to assess four multination chemical industries so as to find out if the remuneration strategy applied is cohesive with global ways. Another focus was to find out if globalised foreign owned Multinational companies in Malaysia are more likely to support their remuneration policies with global trends fairly than with the ways used by locally owned multinational companies. The name of this case study is Research and Practice in Human Resource Management, June, 2008 by Hooi Lai Wan.

Remuneration strategy used by MNC's in Malaysia are such as cash compensation which can be