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GLOBALtalk eJournal

GLOBALtalk eJournals - international human capital - assist suppliers in succeeding in the global automotive industry.

August,  2006


Managing, Developing, and Retaining Key Talent in China
Managing, developing and retaining key talent is the number one HR issue in China. Companies who do this well have better financial returns than those who do it poorly and this is especially true when trying to find individuals who can lead the or (...)
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Toyota's success is stretching its staff
Bottom-line profits of pounds 5.7 billion. A cash pile of pounds 8.57 billion.  A string of record sales stretching over seven years.With stats like that, it's hard to imagine anything that could rile Toyota, Japan's top car maker, which c (...)
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New Kids on the Block: Tax Implications for Expatriates in the East European EU
The induction of eight Eastern European countries into the European Union (EU) in 2004 has opened a Pandora’s box of tax issues. Fritz discusses the changing tax landscape across Eastern Europe and gives tips for best working out tax and social (...)
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Americans and Germans: “Do What It Takes” vs. “Make No Mistakes”
How cultural differences between Germans and Americans affect the decision making and problem solving process in engineering and project development – two strategic functions for global success. Why aren't they moving forward?” and How (...)
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Vacation Deprivation Among American Workers is at an All Time High
One third of Americans do not always take all of their vacation days, despite more than one-third (36 percent) reporting that they feel better about their job and more productive upon returning from vacation."Vacation deprivation in Am (...)
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Relocating to the United States? Get Ready to Rebuild Your Credit
Foreign nationals have a wealth of challenges awaiting them as they enter the United States for employment. From visa issues to cultural acclimation, the relocation process is rarely a smooth one. Bienkowski outlines the importance of credit for t (...)
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Latin America: Women on the Verge
Bit by bit, Latin American women edge toward the highest positions in the private and public sectors. It has been clear for some time women have been taking on more important roles in Latin America's business world. In spite of the trend, the grea (...)
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Relocating to Latin America
For some, Latin America is the backyard to the United States; for others, it is referred to as the forgotten territory”; and for those with a more entrepreneurial spirit, it is a land of opportunity and discovery. Latin America in the bro (...)
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Beijing: Most expensive mainland city to live in
Beijing moved up five positions to take 14th place in living costs among 144 global cities, becoming Chinese mainland's most expensive city to live in, according to a survey conducted by Mercer Human Resource Consulting.The result came afte (...)
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Japan: LDP Eyes Extending Foreigners' Work Visas to Five Years
In response to Japan's declining population, the ruling Liberal Democratic Party (LDP) might modify existing law to extend the term of foreign worker visas from three years to five years for certain professions, according to the newspaper Nihon Ke (...)
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India: Pension regulatory law likely by August
NEW DELHI: The Pension Fund Regulatory and Development Authority (PFRDA) law may be in place by August, the Interim Pension Regulator, D. Swarup, said here on Saturday.Speaking at a forum organised by CNBC-TV 18 and ICICI Prudential Life, M (...)
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Background Checking Goes Global
U.S. companies operating overseas are increasing the demand for background checks for prospective employees in their overseas operations—a task that can be challenging given varying cultures and legal systems. American companies hiring wo (...)
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Shanghai: Expat Influence in a World-Class City
China's boom time is magnet. As China’s developing hub of business and finance, Shanghai is the focus of that boom for many expatriates. China's role as the world's factory has people from every country moving here. While many come for their exp (...)
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China: Returnees To Take 25% of MNC Management Positions
Human resources (HR) consultancies predict that within the next two years, about a quarter of the managers working for multinationals in China will be Chinese returnees with experience in developed foreign markets.  This is making manageme (...)
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Hong Kong: Spouses of Expatriates in Hong Kong now Permitted to Work Again
On March 8, 2006, the Deputy Secretary of Security of Hong Kong, Michael Wong, announced that the law barring expatriate spouses from obtaining a job in Hong Kong would be abolished. In 2003, the Hong Kong government issued a restriction barring e (...)
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Moscow replaces Tokyo as world’s most expensive city
Worldwide Cost of Living Survey 2006 – city rankings.- Most Eastern European cities have dropped sharply in the rankings. - Many US cities have risen in the rankings due to the strength of the dollar. (...)
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Pension portability directive “problematic”
The EU’s proposed directive on the portability of supplementary pension rights is very problematic” due to issues about tax and supervision, according to the European Parliament’s ‘rapporteur’ for the measure.The proposal was unve (...)
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Europe: 4 Hours a Day, 3 Days a Week
European labor markets are encrusted and sclerotic, right?  Tell that to Jean-Pierre Lemonnier.Mr. Lemonnier is out in front on a seismic shift in the way Europeans work, one that is provoking the rapid decline of the traditional full-time (...)
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Are you Linguistically Legal for European Business?
Vegetarian chicken curry. That is what I read on a menu whilst on one of many of my global travels!  Do I get a vegetarian chicken, a vegetarian curry with some chicken thrown in or a chicken curry with vegetables? If I were allergic to ch (...)
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Globalization: foreign postings on the increase
Companies are sending more managers abroad than ever, but minimising their costs, reports The Economist. According to a recent survey by Mercer, the number of international transfers from headquarters has increased at 38% of firms over the past 2 (...)
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USCIS Reaches H-1B Cap
Washington, D.C. - U.S. Citizenship and Immigration Services (USCIS) announced today that it has received a sufficient number of H-1B petitions to meet the congressionally mandated cap for fiscal year 2007 (FY 2007). The "final receipt date&q (...)
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Reward Practices Becoming More Critical to Attract Workers in Tight Job Market
With labor markets continuing to tighten in an expanding economy, many employers are finding it harder to attract skilled people to fill key positions. And it's going to get harder. Over the next several years, as the economy continues to g (...)
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U.S. tech companies cry out for foreign talent
Tighter U.S. immigration policy could have a major impact on the country’s ability to remain competitive, warn the heads of top tech companies. At the peak of the tech boom Silicon Valley executives successfully lobbied for an increase in the nu (...)
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East Meets West, With An Argentine Twist: More Argentines Are Embracing Chinese Language and Culture
Like many in Latin America's most Eurocentric country, 26-year-old Emanuela Gavezza has long fancied the West. Her grandparents hail from northern Italy, which she has visited almost yearly. During the '90s, when the economy here was boomin (...)
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Business Practices in Mexico
The Basics.In Mexico City, most offices are open from 9:00am to 5:00pm, but they can be open until 7:00pm from Monday to Friday. Most people leave for lunch around 2:00 pm and take between 1 and 2 hours. The federa (...)
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