List the top three benefits that should be offered to the expatriate. Explain why you chose these as the most important.
Background:Holiday Villas owns more than 40 hotels throughout the United States. They recentlyacquired a small hotel chain in Brazil (6 hotels), with the objective of growing theorganization globally and establishing an international presence.Holiday Villas are family style rooms, typically two bedroom suites and a mini kitchen thatcater to families on vacation who want to spend time in a low budget but well located area.Most guests stay 3-7 nights, and most guest are families or groups. The hotels are typicallylocated in cities with tourist attractions, near downtown locations that are easily accessibleby mass transit.The organization has decided to use the acquisition of the hotels in Brazil as a pilot projectand if all goes well, they will consider acquiring other hotel chains across Europe and SouthAmerica. This is a strategic endeavor, so it is important that the organization finds aneffective formula to operate successfully in the global arena.The organization has never owned hotels outside the US before, and has hired you to provideconsultation on how they should proceed.Part 2 (Due at the end of Week 5)The management team has now hired a manager for each hotel. The managers are PCNs (parent country nationals). Now they need to figure out how to develop a compensation plan that is aligned with the company’s compensation but also takes into consideration the host country’s financial situation. You are asked to:a. Put together a compensation plan along with a balance sheet. Assume that the base salary of a manager in the U.S. is $7500 a month. You may need to do some additional research to find out what taxes are in Brazil, what is a typical housing allowance, and cost of living.(Review the Balance Sheet Approach to Compensation in the course file “Global Compensation” in week 5.)b. List the top three benefits that should be offered to the expatriate. Explain why you chose these as the most important. Support your choice with literature.
