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Local Adaptation Vs. Global Integration Of Pay And Rewards Practices Among Mncs

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  • Anita Kyurova

    (Faculty of Business and Law, De Montfort University, UK)

Abstract

In view of the opposition between integration and adaptation processes in Multinational Companies (MNCs) the article poses the question of how their relationship does influence the compensation policy in organizations. On the basis of two case studies, the BrazilCo and India’s MNCs case study the article discusses the importance of their pay and rewards practices. The proposed illustrations finally emphasize the role of hybridization in view of the transfer of compensation strategies. In such a context, the concluding thoughts admit that cultural and institutional pressures influence MNCs when transferred in host countries which results in reformulation of their HRM strategies in order to be more adequate to the foreign business environment.

Suggested Citation

  • Anita Kyurova, 2019. "Local Adaptation Vs. Global Integration Of Pay And Rewards Practices Among Mncs," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 7(2), pages 153-161.
    • Handle: RePEc:neo:epjour:v:7:y:2019:i:2:p:153-161
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    References listed on IDEAS

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    More about this item

    Keywords

    multinational companies; pay and rewards; hybridization; business adaptation;
    All these keywords.

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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