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Rethinking International Compensation: From Expatriate and National Cultures to Strategic Flexibility

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Publication Date
  • Employee
  • Organization
  • Performance
  • Risk
  • Pay
  • Compensation
  • Culture
  • Flexibility
  • Reward
  • Human Resources Management
  • Economics


[Excerpt] We are on the verge of a worldwide restructuring of compensation and reward systems. Even long established, seemingly carved-in-granite cultural norms, such as lifetime employment in Japan and industry-wide bargaining in Germany, are weakening in response to the pressures of a global economy. So also are our previously hard-and-fast assumptions about international compensation -- the idea that pay systems should keep expatriates “economically whole” and the notion that local compensation should be tailored to fit national cultures.

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