Life of an Expatriate: Coca-Cola

How Coca Cola Select & Compensate Expatriates

Abstract

International human resource management has become one of the most controversial issues in the world today, and as a result of the complexity of international management it is essential to have the right person at the right position. The aim of this paper is to identify how Coca Cola Select & Compensate its expatriates. Start from brief idea about the Coca Cola background, selection process, factors influencing the expatriates selection, role of expatriates, Training and development, and compensation. When looking at the selection process it was found that Coca Cola considers the technical ability and previous performance are selection central.This paper also discusses the previous and recent approaches Coca Cola for international compensation.

Introduction

Country boundaries no longer exist when it comes to international trade.   In such an active Global competition, international experience has become a requirement rather than an option and forced many business to recognize that they must consider management from a different perspective.

IHRM is an important component of a firm’s global strategy and is often recognized as an influencing factor of success or failure of international business. Ensuring high-quality management is critical due to the complexity of managing international operations.   Furthermore, in the competitive global economy, human resources are not as easy to duplicate as factors of production, and can therefore provide the source of competitive advantage.

When looking at global assignments any HR would follow the basic five principles for people management: recruit/select; train; appraise; reward and; develop. These dimensions build upon one another and develop into a management process.



Company background

The Coca Cola Company is the world's largest beverage company. It is the no.1 brand according to fortune 2009 survey. The company operates a franchised...