Human Resources Team Report Part II

The main focus of human resources team report discusses doing business in following terms:

- Cross-cultural impact over the total rewards system and related components

- Rationalize every component and its advantages to both company and the employee

- Importance of compliance with the employment laws

- Safety as well as security concerns in relation to international assignment

Introduction

Lifetime Contract

Hierarchical Business Culture

Working in Team Environments

Effective use of Technology

Cross-Cultural Impact

CompensationMerit Pay, Incentives and bonuses, and

promotionsBenefits

Health plans, Time Offs, and Retirement plans

Personal Growth- Training opportunities, Career

Development, and Performance Management

Components of Total Rewards System

Security Lifetime Employment Contract

Rewards Employee Motivation

Sense of Entitlement Feeling secured in the Company

Employee Benefits

Equal Employment Opportunity Law (Shinohara, 2007).

Labor Union Act Labor Relations Adjustment Act Labor Standards Act Labor Contract Act Minimum Wages Act

Employment-related Laws in Japan

Compliance Regulation Impact of Unions

Importance

This report focuses on some important aspects of doing business in Japan in terms of safety concerns:Cross-cultural impacts on the total rewards

system and the related componentsJustification and benefits of each components,

both to the employee and the companyImportance as well as compliance with

employment lawsSafety as well as security issues in relation to

the international assignment

Safety Concerns

Minimizing terrorism risks

Effects of 9/11/2001 attacks on the US

Workers’ safety abroad

Workers’ level of risks

Security Concerns

Similarities

Cultural differences, having impact on Labor Laws.

Summary

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References