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| Message From: aishwaryaroy |
Total Posts: 29 |
Rank: Beginner |
| Post Date: 20/01/2008 09:56:13 |
Points: 145 |
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Dear All,
We are a software consulting firm and are in the process of ramping up our existing compensation policies & formulating newer policies based on industry trends. Wanted your inputs on the following:
How are Indian salaried employees compensated when they are re-located to a foreign location for
a. An extended stay - over 6 months
b. Long terms projects - upto a year.
What are the factors that influence whether they get an Indian salary + allownaces (per diem) or foreign location salary?
These professionals could be Business Development personnel or technical resources.
Would appreciate a prompt response from you all.
Thanks
Ash |
| Message From: rajeshroy |
Total Posts: 24 |
Rank: Beginner |
| Post Date: 20/01/2008 09:57:32 |
Points: 120 |
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Balance sheet model is one of the widely practiced methods for compensation, when employees are placed in abroad as expatriates. You can refer any book on International Human Resource Management for the model.
Regards,
Rajesh |
| Message From: aishwaryaroy |
Total Posts: 29 |
Rank: Beginner |
| Post Date: 20/01/2008 09:59:22 |
Points: 145 |
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I had some more queries: Assuming the location would be somewhere in the APAC
1. If we set 3-9 months as a long term stay, will a per diem allowance (with a saving potential of say 50%) be a good enough incentive? There would be other costs like accomodation, and 1 travel back home or spouse's travel to the location etc that will be
picked up.
2. Can anyone help me with the survey from ORC on cost of living index in different countries, where will I get this from.
3. Also can you help me with the balance sheet model? Where can I get more information on this? Look forward to help on this. Thanks
Ash |
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