Husna Sadiqa
BUS 311
Unit 13
There are many advantages to choosing a host-country national. By choosing host-country nationals, the staff will have no problem with understanding language and culture. It will also benefit the company since there will be fewer costs for hiring. Moreover, country host nationals will be familiar with economic, political, and legal environment and also business practices in the host country. Also, HCN provides opportunities for advancement and promotion to local nationals and increases their commitment and motivation to work.
In the U.S the average salary of a restaurant manager with 3-4 years of experience is somewhere between $40k-50k. In the U.K, the compensation plan for a restaurant manager includes an average salary which is between 25-30k in pounds, which is around $40,000. In addition, the benefits include bonus payments if they reach teh target set by their head office. Other benefits may include free meals on shift, staff discounts, and private medical insurance. Some of the fringe benefits for full-time managers include paid vacations. The amount of time for vacation is determined by one’s amount of time with the company. There are also compensation laws in the U.K. One is the NMW. This means that the minimum wage depends on the employee’s age. The country also has a mandatory requirement for employees to work 48 hours a week.
On the other hand, the other country that the restaurant Fish to go will be entered is Mexico. The minimum wage in the country is 102-176 pesos, which is 5-9 in USD. The average restaurant manager’s compensation is 49,500 pesos which are equivalent to $24,000. As can be seen, there’s a huge difference in currencies of the two countries. The USD rate is much higher than the Mexican currency. So in that case, it’s better to hire someone from that same country. The restaurant manager’s salary varies according to location, experience, skills, and gender. Same as the U.K, Mexico too has similar benefits for the employees including vacation, medical insurance, and free meals. To hire a host-country national, they need to have training. This includes having management training, leadership behavior, team building and being a motivational coach etc.
https://www.globalization-partners.com/globalpedia/peo-uk/compensation/
https://www.template.net/business/plan-templates/compensation-plan/
https://www.businessnewsdaily.com/15831-create-compensation-plan.html
Comments to classmates
Hello Husna,
Thanks, you for your Post
I agree with your statements in paragraph one, regarding the advantages to choosing a host-country national. Having familiarity with the countries language and culture are very important aspects. Other aspects include, cultural norms, values, rituals, and material culture.
In paragraph two, thanks for mentioning the following, “Other benefits may include free meals on shift, staff discounts”. I was not entirely familiar with the free meals for the restaurant managers. Would that also be a benefit for other employees, who are not necessarily managers? Your reference to the following was also beneficial, “There are also compensation laws in the U.K. One is the NMW. This means that the minimum wage depends on the employee’s age. The country also has a mandatory requirement for employees to work 48 hours a week.”
In your last paragraph, I appreciate your comparison of the minimum wage comparisons between the UK & Mexico and determining the strategy regarding hiring and the labor rates.
Thanks
Chris N.
I agree tha free meals should be provided as a benefit because not only will it help the employees to cut cost as far as lunch and dinner money but it will also encourage employees to eat the food in order to become familiar with the menu options. This will help them to make genuine recommendations and answer questions regarding menu items with a genuine response. I also agree that hiring someone from Mexico would benefit the company and the employee when it comes to compensation because the currency and rate of exchange between the US dollar and Mexico pesos is different.