The hiring proposal should address the following scenario: Your multinational company (MNC) is opening a new operations service hub in Shanghai and you are on the international HR Team putting...

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The hiring proposal should address the following scenario:


Your multinational company (MNC) is opening a new operations service hub in Shanghai and you are on the international HR Team putting together the hiring process for both transition team assignments and those that will be permanent positions in China. Initially, there will be 10 transition team and 10 local assignments. The Division Head for Asia Pacific has asked you to use a “Geocentric Approach” in preparing your hiring process. Research and share insights that address the following questions for your team:



  • What are some of the pros and cons of hiring host-country nationals (HCNs), third-country nationals (TCNs), or parent-country nationals (PCNs)?

  • Describe two strategies that would minimize expatriate failure.

  • Research and share data about current compensation systems in China (Shanghai specifically) and how compensation will impact the hiring process.

  • Research the practices of layoffs versus across-the-board pay cuts in China and share your findings.

Answered 1 days AfterJan 25, 2021

Answer To: The hiring proposal should address the following scenario: Your multinational company (MNC) is...

Sanjukta answered on Jan 26 2021
155 Votes
4
HRM
1. The following are some of the advantages and disadvantages of the Parent Country Nationa
ls (PCNs)
Advantages:
· Knowledge of the products and culture concerning the organisations
· The exposure that is international to the managers that are promising
· Extremely easier for accessing
· Loyalty
Disadvantages:
· Difficulties in terms of adapting toward the foreign country
· Problems regarding the family adjustments
· The promotional opportunities are quite less for the HCN’s
· Problems regarding communication
2. The following are some of the strategies that reduce the failure of the expatriate
Selecting the best candidate- An organisation must choose a worker with immense experience and skills that is...
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