The role of International Human Resources (HR) is critical in the success of international assignments. Strategic approach should be adopted from the management and control of international employees to proper delegation of duties to international HR staffs.

HR Responsibilities on Expatriation

Surveys concluded that the responsibilities of HR professionals revolved around these areas:

• Headquarter HR managers all over the world mainly function as the ones who monitor costs in relation to long-term assignments. Regional HR, unit-level line managers, and worldwide headquarter line managers also provided input to arrive at the proper amount.
• In short-term assignments, the responsibility for cost monitoring is distributed more equally. The responsibility often rests on the worldwide HR and line managers’ shoulders with the assistance of regional HR managers. Unit-level HR does not provide much help in tracking the cost for such kind of assignment.
• Unit-level line managers are clearly in charge of monitoring costs for both commuters and frequent flyers. International HR does not have much involvement in cost control for frequent flyers at any level.

Several companies revealed that they have not developed a system for monitoring costs for frequent flyers, which incurs some problem for them due to the growing numbers of people sent on frequent flyers assignments. Strategic management though of this group of expatriates requires more information be provided to HR.

• Financial Manager Maximizing Shareholder Value

• Financial Institutions Management Answers

• Financial Literacy For Kid

  Kids finance. Investing, financial services, money and education web site for kids and their families.

• Finance Newsletters

• Valuation Of Financial Assets