Gilbert Ramos
Bus 311-1900
- The advantages of choosing a host-country national staffing strategy:
- Language barrier is eliminated
- Better understanding of local rules/laws
- Hiring cost such as visas are eliminated
- Develop a compensation plan for each of the 2 countries: I would like to follow the balance sheet approach so that base pay is similar. Its also fair because it’ll allow the managers to have the same standards of living, as they did back in the U.S.
| United States | Mexico | UK | |
| Salary | $47,154 + 2%= $47,940 | $19,697 + oversea premium | $42,212 + oversea premium |
| Benefits/Fringe Benefits | Medical Insurance
Stock options 401k plan Vacation time
|
Medical Insurance
Stock options 401k plan Vacation time |
Medical Insurance
Stock options 401k plan Vacation time |
| Fringe Benefits | Employee discount
Bonus programs |
Employee discount
Oversea premium Bonus Programs |
Employee discount
Oversea premium Bonus programs |
- Mexico federal labor law requires a minimum of 25%
- For the UK, Remuneration. Workers in the UK must earn at least the national minimum wage per hour
- Next, its time to develop a training plan. Training plans are important because
- Lowers turnover- proven to reduce employee turnover by 9%
- Less effective Managers- if managers are not exposed to training, they will pass that same energy and vibe to newer staff which will affect daily operations
- Lower sales- if there are higher turn overs and inconsistent management, then it’ll produce lower sales
Management training plan will look as follows
- Food safety
- Training on key equipment
- Marketing
- Workplace safety
- Inventory management
- Employee conflict management
- Procurement
Sources: https://www.oercommons.org/courses/human-resource-management-3/view#
https://www.glassdoor.com/Salaries/london-restaurant-manager-salary-SRCH_IL.0,6_IM1035_KO7,25.htm
https://www.salary.com/research/salary/benchmark/restaurant-manager-salary
https://kickfin.com/blog/restaurant-management-training-plan/