Buying Expatriate Relocation Services: Real Vs. Perceived Costs

Topics:
Payroll,
Relocation,
Strategic Management Tools
Tags:
Cost,
Finance,
Financial Accounting,
Management,
Primacy,
Strategy
Source:
Primacy

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Overview: From the Phoenicians to the East India Company to today's integrated, multinational corporations, sending an employee to work in another country (a 'global assignment' in HR terms) has carried considerable costs while opening the potential for yet greater financial returns for the employer. However, companies that are contemplating increased expatriate placements, within their home countries (inbound) or overseas in host countries, run the risk of pennywise and pound-foolish decisions unless they are able to weigh perceived costs against real costs. Perceived costs are easier to identify and therefore receive the most critical attention.

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Format: PDF | Size: 162KB | Date: Mar 2006 | Pages: 13

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