跨国公司的薪酬战略[文献翻译]

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1、外文题目CompensationStrategyInTransnationCorporations外文出处ManagementDecision;2003(05):P465-476外文作者LarryPhillips,MarkA.Fox.原文：CompensationStrategyinTransnationalCorporationsLarryPhillips,MarkA.FoxMichaelPorterinhisinfluentialbook,CompetitioninGlobalIndustries,observedthat:Competinginternationally

2、isanecessityratherthanamatterofdiscretionformanyfirms.Morerecently,HaxandOhmaeproposedthatsuccessorfailureofbusinessesinthetwenty-firstcenturywilldependoneffectivelycompetinginworldmarkets.Accordingly,globalizationisincreasinglybeingadoptedasabusinessmandate.Themodernmeaningofglobalizationi

3、mpliesaglobalperspectiveoftheparticularareaofstudy,aperspectivethatarisesfromtheincreasedinterdependenceofnationalinstitutionsandnationaleconomies.Bradleyetaldescribeglobalizationasabusinessconceptinthisway:Fortransnationalcorporations,theuseofexpatriateemployeesisseentohavestrategicvalue,a

4、s:.expatriatesaremorelikelythanlocalemployeestohaveknowledgeofglobaloperationsandidentifywithcorporateobjectives;.expatriatesareameansofexertingstrategiccontrol;and.expatriateassignmentsprovideinternationalexpertisetoemployees.Inthispaperwefocusontheissueofexpatriatecompensation.Thisareaisp

5、articularlyworthyofattentioninlightofBonacheandFernadez'sobservationthat:Theaspectofexpatriatemanagementthathasreceivedtheleastamountofattentioniscompensation.Withregardtoterminology,expatriatesaredefinedascitizensofthecorporation'sheadquartercountry,butwhoareworkinginaforeigncountry(hostco

6、untry).Thirdcountrynationals(TCNs)arecitizensofacountryotherthantheheadquartersorhostcountry,andlocalnationalsarecitizensofthehostcountry.Next,wediscussthecurrentexpatriatecompensationsystem,alongwithaconsiderationoftheweaknessesofthetraditionalbalancesheetapproachtoexpatriatecompensation.W

7、ethenconsideralternativestrategiesthatwecontendareincreasinglynecessarytofitthecultureandgoalsoftransnationalcorporations.Hence,wesuggestthataparadigmshiftisneededtodevelopaglobalizedtranspatriatecompensationsystem,basedlargelyonhostcountrylevelsandtradi