- Join over 1.2 million students every month
- Accelerate your learning by 29%
- Unlimited access for just £4.99 per month
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
The first 200 words of this essay...
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
Found what you're looking for?
- Start learning 29% faster today
- Over 150,000 essays available
- Just £4.99 a month
Not the one? We have 100's more
Human Resource Management (view all)
- Human Resource Management - HRM approaches, HR Planning, Job...
- Management and leadership within health visiting team in Edm...
- Analysis of HR function and recommendations
- The Evolution of Human Resource Management
- STRATEGIC MANAGEMENT AT TIMEOUT TRAVEL
""Dean Hil. l Media, Business, ICT, History and Sciences. University Student.
""Simon. Politics and International Relations. University Student.