Details:
Price: Member US $500
Non-Member US $550
Approximate Course Duration: 6 Hours
Length of Time Given to Complete the Course: 180 days from the date of registration
CE Credits Available: 6 CRP-INTL
Description:
Learning Objectives:
- Explore the strategic, compensation, and employee relations implications of short-term, commuter, rotational, career and localization assignments
- Anticipate challenges and adapt your programs and policies to new business imperatives and the evolving needs of “the new expatriates”
- Develop cost-effective alternatives to the traditional expatriate approach
Content Includes:
- Business drivers that cause organizations to consider alternative mobility programs and when and why they are appropriate
- How cost reduction pressures can drive short-term, commuter, rotational, career, localization and hybrid assignment programs and how an economic recovery and changed labor market can impact these programs
- The myths and realities of short-term assignments
- The difference between short-term assignments and extended business trips
- How to develop a short-term assignment policy that will help your organization meet its global objectives cost-effectively while providing appropriate support for those who accept a short-term assignment on behalf of your organization
- Terms and conditions for short-term, hybrid, commuter, and rotational assignments
- Assessing the feasibility of a localization program based on a company’s assignee population, benefit programs and the home/host locations
- The primary drivers on the balance sheet that must be considered in a localization program as well as the secondary factors and their likely importance in the success of your program
- Standard practices for phased compensation and benefit approaches to employee equity
- The hurdles to localization and suggestions for overcoming them
- The complexities of localization that lead organizations to offer hybrid mobility programs
- How to communicate, explain and sell a new localization program to an assignee
- Home-country, host-country, and offshore approaches for global pension plans
- Different options for global medical plans, including home- and host-country approaches
Module can be taken in more than one sitting as the course has the ability to save your place.
All three Modules and the examination must be completed no later than three years from the start of the first Module in order to earn the GMS® designation. Modules can be taken in any order. If you have any questions, please contact GMS@WorldwideERC.org.