TCL Corporation -- Reward system

Group PresentationModule Code Number:BLB10024-2Module Title:International humans resource ManagementPrepared for:Wu YingPrepared by:HDBM220051606 HDBM220051608HDBM220051633 HDBM220051635Submission Date:4th June 2008Word Count:485IntroductionTCL friendship was founded in 1981 in Hong Kong, China. Today it is one of China?s largest consumer electronics corporations in operation(p) on an international scale. TCL is presently composed of foursome main(prenominal) industrial groups (multimedia, communications, appliances and components) (TCL 2008). Moreover, the company has retail organizations in around 40 countries and regions worldwide. Overseas business includes Russia, South America and Indian Market. By 2007, TCL?s global business revenue was RMB39.063 billion, and the company grouchy more than 50,000 people across many countries (TCL 2008). Reward forms of diverging countriesIn this part, the takings forms of different countries or ways of TCL and some psychoan alysis will be displayed. 1.Chinese staffThis chart describes the TCL reward form for Chinese staff. TCL rewards pay attention to the staff?s different kinds of needs. notwithstanding the base return TCL purchases the insurance for staff and provides different kinds of subsidies and vacations. break down in to the fact, TCL offered staff repast subsidy, communication subsidy and avocation subsidy. too the national vacations, TCL Chinese staff can alike jollify the TCL extra vacations (TCL 2008). 2.Chinese workers foreignConsidering the different regional economy, big pagan duette and possess great fluctuation.

The reward form of Chinese workers foreign of TCL can divide i! nto 2 parts, base wages and oversea send subsidy. The base wages providing basic vitality for workers overseas, and overseas send subsidy contain external assistance subsidy, strong condition subsidy, and settlement allowance. At the mean time, trust with commercialise performance objective and regional market features which all think over the elasticity feature of reward, ensure hit the objective of safe and sound reward system (Wang 2006). 3.Overseas local anaesthetic staff in U.S.A. The TCL workers reward is generally made up of three parts: underlying salary, If you want to get a full essay, order it on our website: BestEssayCheap.com

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