Ms. Susan Smith, a U.S. national, who is currently Vice Director of Sales and Marketing has been chosen as the next General Manager of Safco, Scotland. Her current salary is $150,000, and she is also eligible for a 25 percent bonus if she meets annual performance targets. Ms. Smith is married with a 15 year-old daughter and a 12 year-old son. Her husband, John, is a web developer who works at home. John and the two kids, who will of course have to go to school, will accompany Ms. Smith throughout the assignment in Aberdeen. Safco expects the Smiths to live in Aberdeen for three years. The family is excited about the assignment, though they will miss their 2,500 square foot home in Houston, which they bought for $428,000 in 2011. Their monthly mortgage payment on their home is $1,654. ??Assignment (Due Thursday, November 29 at the beginning of class) ?As the Human Resources Manager of Safco, you have been tasked with putting together the compensation and benefits package for Ms. Smith. Include the following:?1. Produce a spreadsheet based on research into the current situation in Aberdeen and your understanding of conditions for expatriates there. Prepare and price out (using real costs) the expatriate compensation and benefits package for the first year of Ms. Smiths Aberdeen assignment, including: ? a. Salary and all legally required U.S. and U.K. benefits and payroll taxes.? b. Other benefits and allowances you feel are important to making the familys stay in Aberdeen successful? c. All relevant relocation expenses? d. Costs for the first year of the assignment in U.S. dollars e. PLEASE DISREGARD TAXES Taxes will be equalized by the company.? 2. Attach your spreadsheet to a memo (maximum one-page, single spaced in 12-point Times New Roman font) in which you explain the reasoning behind your package. 3. A list of sources you used in completing the assignment
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