Question 1.Using theories, frameworks and models you have studied prepare a case for standardization versus localisation of the current global compensation system at Healthcare. (Your answer should have a justified argument for either standardisation, or localisation or to the degree of each if it is a mixture of standardisation and localisation).
The expected word count for the answer is 1000.
(Note: In order to answer first question you need to mainly research compensation management theories, and also include some references from models such as Contextual Model such as Environmental contexts (socio-economic technological, political-legal and competitive), European Model, cultural theories, Hofstede Model as well as multinational staffing policies such as Parent Country National (PCN), Host Country National (HNC) and Third Country National (TCN) and it must from academic journal articles and text book only which is year between 2010-2015 only not old articles. Seven (7) references for question one. Please provide the URL of source in reference lists.
Question 2.Using theories, models and frameworks you have studied, prepare a competency based compensation system for Healthcare. The expected word count for the answer is 1500.
In order to answer second question you need to research competency based compensation theories and other related theories such as organisational cultural, national culture, Contextual model such as Environmental contexts (socio-economic technological, political-legal and competitive. Hofstede’s five dimensions of culture and Multinational Staffing policies such as Parent Country National (PCN), Host Country National (HNC) and Third Country National (TCN).
(Note: Eight (8) references are needed for this question. In order to answer this question academic journal articles and text book only which is year between 2010-2015 only not old articles.
For example: As shown in the following example, Academic Journal Articles must be in Harvard style in reference lists:
Ballesteros-Rodríguez, JL, De, SP & Domínguez-Falcón, C 2012 ‘The role of organizational culture and HRM on training success: evidence from the Canarian restaurant industry’, The International Journal of Human Resource Management, vol. 23, no. 15, pp. 3225-3242.
For example: Text book must be in Harvard style in reference list which is shown in the following example:
Noe, RA & Winkler, C (ed) 2013, ‘Training & Development’- Learning for Sustainable Management, McGraw-Hill, Australia.