SlideShare a Scribd company logo
1 of 18
sushmitha g. s.
2nd M.com.
Under the guidance of
Sundar B. N.
Asst. Prof. & Course Co-ordinator
GFGCW, PG Studies in Commerce
Holenarasipura
What is expatriation:
The employees expatriation (the transfer of
a professional to work in a foreign company’s unit for a
certain or not), is an usual strategy adopted by
companies. Which have operations in more than one
country and aims to expand markets. Provide
international concern to their employees, transfer specific
knowledge. Fill the needs of specialized workers.
Leadership development, implementation of new projects
etc……..
MCN(Mother country national):
When a company of a country recruits
employee from its own country is known as
Mother country national. Here the country is
called parent country or mother country.
Example:
When a Indian international
company , recruits employees from india.
HCN (HOST COUNTRY NATIONAL):
When a company of a country runs their
business in onother country and recruits employees from
that country then it is known as HCN. Here the second
country is the host country.
Example: when a Bangladeshi company runs their
business in india and recruits indian citizens for their
organisation.
TCN(THIRD COUNTRY NATIONAL):
They are the citizens of one country employed by a
company from another country who worked in a third
country.
Example:
When a Bangladeshi from recruits Employee
from india for their Canada branch.
Explain the process of Expatriation:
1.Finding
work.
2.Gather
all the
necessary
paperwork.
3.Know
your host
country.
4.Think of
your
health.
5.Learn the
basics of
the
language.
1. FINDING WORK:
The chances of finding work abroad are fortunately
increasingly high ; you can go abroad with programms such
as VIE( volunteer for international experience ) , apply for a
working holiday visa, become a voluntary worker abroad, do a
humanitarian mission, ask your boss to move to a branch
abroad, or you could do an intership in a company as part of
your studies.
2.GATHER ALL THE NECESSARY PAPER WORK:
Different documents will have to be
prepared and applied for generally, at the embassy as
required by the host country.
VISA, Work permit, special pass port
regulations,etc…..
you should able to find out all the
requirement at the embassy of the country.
3.Know your host country:
Essential things to know for a smooth
expatriation process :find out its currency (the
exchange rate,what you can do with
,let’say$500etc)primary language,living
conditions,culture,difficulties that often arise
there,ect.
4.Think of your health:
Prior to departure,you should have a full health
check-up and be vaccinated depending on what is
required/recommended in websites such as this one.
Also ,don’t your vaccinated certificate .It could be
useful .It’s important to have medical insurance to help
you out in case of an emergency.
5.Learn the basics of the language:
Another important step in the expatriation process is to
start learning the language before getting there to facilitate
your integration in your host country as early as possible .
The minimum you should know is convertion
expressions of politeness and basic ,useful vocabulary.
What is Repatriation :
Repatriation refers to converting any
foreign currency into one’s local currency.
Repartriation sometimes becomes
necessary due to business transactions,foreign
investments,or international travel.
Explain the process of Repatriation:
1.Preperation.
2.Physical relocation.
3.Transition.
4.Readjustment.
1.PREPERATION:
Before 3-4 months of expatriate return.
Devoloping plans for future and info about new position.
Checklist of items before leaving (closure of bank a/c, bills
etc..)
2. physical relocation:
 Removal of personal belongings, breaking ties with friends,
colleagues before returning.
Re-entry training for home country’s update, socio-
cultural contrast orientation, psychological aspects etc….
3.Transition:
 Finding accommondations, school for children,
opening bank a/c etc.. For comfortable living.
Relocation consultants used.
4.Readjustment:
 coping with aspect as company changes, reverse culture
shock and career demands.
example: Repatriation returning from country where
power distance is large as Thailand may experience stress on
returning to small power distance countries like Denmark.
Conclusion:
Expatriation is a great adventure
you gain autonomy, an open mind, and
new experiences, but it’s always best to
think through the expatriation process
thoroughly.
References:
 https://www.slideshare,net/chetansingh69/ihrm-
expatriation#:/:text=an%20expatriate%20(often%20shortended%20to,%22country
%2c%20fatherland%22)
 http://eduplanetbd.blogspot.com/2016/09/pcn-hcn-tcn.htm?m=1.
Expatriation, MCN, HCN, and TCN and Explain the process of expatriation and Repatriation

More Related Content

What's hot

International human resource management ihrm
International  human resource management ihrmInternational  human resource management ihrm
International human resource management ihrmkoshyligo
 
International Human Resource Management
International Human Resource ManagementInternational Human Resource Management
International Human Resource ManagementEpsa Kaithwar
 
Chapter 3 international staffing
Chapter   3 international staffingChapter   3 international staffing
Chapter 3 international staffingPreeti Bhaskar
 
Foreign direct investment
Foreign direct investmentForeign direct investment
Foreign direct investmentTito Mhagama
 
Performance management of international employees
Performance management of international employeesPerformance management of international employees
Performance management of international employeesUnifiers mlac
 
Chapter 4 cross cultural training
Chapter   4 cross cultural trainingChapter   4 cross cultural training
Chapter 4 cross cultural trainingPreeti Bhaskar
 
Ihrm performance management
Ihrm   performance managementIhrm   performance management
Ihrm performance managementSoumya Sahoo
 
International Business Management unit 1 introduction
International Business Management unit 1 introductionInternational Business Management unit 1 introduction
International Business Management unit 1 introductionGanesha Pandian
 
Global strategic management
Global strategic managementGlobal strategic management
Global strategic managementSABRI MOHAMED
 
international human resource management - human resource
international human resource management - human resourceinternational human resource management - human resource
international human resource management - human resourceChirag Tewari
 
Concept of international business environment
Concept of international business environmentConcept of international business environment
Concept of international business environmentPinki Verma
 
International Recruitement Approaches
International Recruitement ApproachesInternational Recruitement Approaches
International Recruitement Approachesnishikantwar
 
Approaches to international compensation
Approaches to international compensationApproaches to international compensation
Approaches to international compensationSHAMSEER PADAYAN
 
Chapter 1 introduction to ihrm
Chapter   1 introduction to ihrmChapter   1 introduction to ihrm
Chapter 1 introduction to ihrmPreeti Bhaskar
 

What's hot (20)

International HRM
International HRM International HRM
International HRM
 
International human resource management ihrm
International  human resource management ihrmInternational  human resource management ihrm
International human resource management ihrm
 
International Human Resource Management
International Human Resource ManagementInternational Human Resource Management
International Human Resource Management
 
Ihrm chapter4
Ihrm chapter4Ihrm chapter4
Ihrm chapter4
 
Chapter 3 international staffing
Chapter   3 international staffingChapter   3 international staffing
Chapter 3 international staffing
 
Foreign direct investment
Foreign direct investmentForeign direct investment
Foreign direct investment
 
Performance management of international employees
Performance management of international employeesPerformance management of international employees
Performance management of international employees
 
Chapter 4 cross cultural training
Chapter   4 cross cultural trainingChapter   4 cross cultural training
Chapter 4 cross cultural training
 
Ihrm performance management
Ihrm   performance managementIhrm   performance management
Ihrm performance management
 
International Business Management unit 1 introduction
International Business Management unit 1 introductionInternational Business Management unit 1 introduction
International Business Management unit 1 introduction
 
Repatriation
Repatriation Repatriation
Repatriation
 
Global strategic management
Global strategic managementGlobal strategic management
Global strategic management
 
Ihrm t&d
Ihrm   t&dIhrm   t&d
Ihrm t&d
 
international human resource management - human resource
international human resource management - human resourceinternational human resource management - human resource
international human resource management - human resource
 
Convertability
ConvertabilityConvertability
Convertability
 
Global hrm
Global hrmGlobal hrm
Global hrm
 
Concept of international business environment
Concept of international business environmentConcept of international business environment
Concept of international business environment
 
International Recruitement Approaches
International Recruitement ApproachesInternational Recruitement Approaches
International Recruitement Approaches
 
Approaches to international compensation
Approaches to international compensationApproaches to international compensation
Approaches to international compensation
 
Chapter 1 introduction to ihrm
Chapter   1 introduction to ihrmChapter   1 introduction to ihrm
Chapter 1 introduction to ihrm
 

Similar to Expatriation, MCN, HCN, and TCN and Explain the process of expatriation and Repatriation

GLOBAL H R M – Unit - 2.pptx
GLOBAL H R M – Unit - 2.pptxGLOBAL H R M – Unit - 2.pptx
GLOBAL H R M – Unit - 2.pptxAditiDatta14
 
International human resources management
International human resources managementInternational human resources management
International human resources managementlaxmigajwala
 
How To Get Job in Abroad
How To Get Job in AbroadHow To Get Job in Abroad
How To Get Job in Abroadgarykearly
 
Ppt ch 15 hrm
Ppt ch 15 hrmPpt ch 15 hrm
Ppt ch 15 hrmasmadiare
 
Dr. Jhansi Rani M R - Module IV A - Expatriate Training & Development
Dr. Jhansi Rani M R - Module IV A - Expatriate Training & DevelopmentDr. Jhansi Rani M R - Module IV A - Expatriate Training & Development
Dr. Jhansi Rani M R - Module IV A - Expatriate Training & DevelopmentMRJhansiRani
 
Compensation benefits of expatriate
Compensation benefits of expatriateCompensation benefits of expatriate
Compensation benefits of expatriateDhanush Kr
 
The expatriate experience
The expatriate experienceThe expatriate experience
The expatriate experienceKaustubh Bhake
 
90 minute international career presentation
90 minute international career presentation90 minute international career presentation
90 minute international career presentationInternationalCareers
 
Future of hrm and international hrm
Future of hrm and international hrmFuture of hrm and international hrm
Future of hrm and international hrmNazir Fahim
 
Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...
Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...
Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...Akshat Goyal
 
IHRM-Issues and Trends(Learning Resource)
IHRM-Issues and Trends(Learning Resource)IHRM-Issues and Trends(Learning Resource)
IHRM-Issues and Trends(Learning Resource)Self-employed
 
90 min International Careers Presentation
90  min International Careers Presentation90  min International Careers Presentation
90 min International Careers PresentationInternationalCareers
 
90min International Career Presentation
90min International Career Presentation90min International Career Presentation
90min International Career PresentationInternationalCareers
 

Similar to Expatriation, MCN, HCN, and TCN and Explain the process of expatriation and Repatriation (20)

GLOBAL H R M – Unit - 2.pptx
GLOBAL H R M – Unit - 2.pptxGLOBAL H R M – Unit - 2.pptx
GLOBAL H R M – Unit - 2.pptx
 
International human resources management
International human resources managementInternational human resources management
International human resources management
 
How To Get Job in Abroad
How To Get Job in AbroadHow To Get Job in Abroad
How To Get Job in Abroad
 
Module 1
Module 1Module 1
Module 1
 
Ppt ch 15 hrm
Ppt ch 15 hrmPpt ch 15 hrm
Ppt ch 15 hrm
 
Dr. Jhansi Rani M R - Module IV A - Expatriate Training & Development
Dr. Jhansi Rani M R - Module IV A - Expatriate Training & DevelopmentDr. Jhansi Rani M R - Module IV A - Expatriate Training & Development
Dr. Jhansi Rani M R - Module IV A - Expatriate Training & Development
 
Chap009
Chap009Chap009
Chap009
 
Ghrm imp notes
Ghrm imp notesGhrm imp notes
Ghrm imp notes
 
Compensation benefits of expatriate
Compensation benefits of expatriateCompensation benefits of expatriate
Compensation benefits of expatriate
 
The expatriate experience
The expatriate experienceThe expatriate experience
The expatriate experience
 
90 minute international career presentation
90 minute international career presentation90 minute international career presentation
90 minute international career presentation
 
Future of hrm and international hrm
Future of hrm and international hrmFuture of hrm and international hrm
Future of hrm and international hrm
 
Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...
Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...
Akshat Goyal's Research Paper on A CONCEPTUAL FRAMEWORK OF INTERNATIONAL HUMA...
 
Job Guide Web
Job Guide WebJob Guide Web
Job Guide Web
 
chapt-5-.ppt
chapt-5-.pptchapt-5-.ppt
chapt-5-.ppt
 
IHRM-Issues and Trends(Learning Resource)
IHRM-Issues and Trends(Learning Resource)IHRM-Issues and Trends(Learning Resource)
IHRM-Issues and Trends(Learning Resource)
 
90 min International Careers Presentation
90  min International Careers Presentation90  min International Careers Presentation
90 min International Careers Presentation
 
90min International Career Presentation
90min International Career Presentation90min International Career Presentation
90min International Career Presentation
 
Future of hrm
Future of hrmFuture of hrm
Future of hrm
 
Rws final
Rws finalRws final
Rws final
 

More from Sundar B N

Capital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM ApproachCapital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM ApproachSundar B N
 
Sample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and TypesSample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and TypesSundar B N
 
Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...Sundar B N
 
INDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODEINDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODESundar B N
 
NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER Sundar B N
 
PRIVILEGE BANKING
PRIVILEGE BANKING PRIVILEGE BANKING
PRIVILEGE BANKING Sundar B N
 
ISLAMIC BANKING
ISLAMIC BANKING ISLAMIC BANKING
ISLAMIC BANKING Sundar B N
 
FOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFERFOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFERSundar B N
 
CROWD FUNDING
CROWD FUNDING CROWD FUNDING
CROWD FUNDING Sundar B N
 
VIDEO MARKETING
VIDEO MARKETING VIDEO MARKETING
VIDEO MARKETING Sundar B N
 
INTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKETINTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKETSundar B N
 
STARTUPS IN INDIA
STARTUPS IN INDIA STARTUPS IN INDIA
STARTUPS IN INDIA Sundar B N
 
National pension scheme
National pension scheme National pension scheme
National pension scheme Sundar B N
 

More from Sundar B N (20)

Capital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM ApproachCapital structure theories - NI Approach, NOI approach & MM Approach
Capital structure theories - NI Approach, NOI approach & MM Approach
 
Sample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and TypesSample and Population in Research - Meaning, Examples and Types
Sample and Population in Research - Meaning, Examples and Types
 
Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...Application of Univariate, Bivariate and Multivariate Variables in Business R...
Application of Univariate, Bivariate and Multivariate Variables in Business R...
 
INDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODEINDIAN FINANCIAL SYSTEM CODE
INDIAN FINANCIAL SYSTEM CODE
 
NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER NATIONAL ELECTRONIC FUND TRANSFER
NATIONAL ELECTRONIC FUND TRANSFER
 
PRIVILEGE BANKING
PRIVILEGE BANKING PRIVILEGE BANKING
PRIVILEGE BANKING
 
ISLAMIC BANKING
ISLAMIC BANKING ISLAMIC BANKING
ISLAMIC BANKING
 
FOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFERFOLLOW ON PUBLIC OFFER
FOLLOW ON PUBLIC OFFER
 
TRADE MARKS
TRADE MARKS TRADE MARKS
TRADE MARKS
 
NET BANKING
NET BANKING NET BANKING
NET BANKING
 
CROWD FUNDING
CROWD FUNDING CROWD FUNDING
CROWD FUNDING
 
INFLATION
INFLATION INFLATION
INFLATION
 
VIDEO MARKETING
VIDEO MARKETING VIDEO MARKETING
VIDEO MARKETING
 
INTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKETINTEGRATION OF FINANCIAL MARKET
INTEGRATION OF FINANCIAL MARKET
 
STARTUPS IN INDIA
STARTUPS IN INDIA STARTUPS IN INDIA
STARTUPS IN INDIA
 
ATM
ATMATM
ATM
 
NABARD
NABARDNABARD
NABARD
 
UPI
UPIUPI
UPI
 
National pension scheme
National pension scheme National pension scheme
National pension scheme
 
Green banking
Green bankingGreen banking
Green banking
 

Recently uploaded

Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhikauryashika82
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...Sapna Thakur
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxVishalSingh1417
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactPECB
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfAyushMahapatra5
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...fonyou31
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 

Recently uploaded (20)

Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdf
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 

Expatriation, MCN, HCN, and TCN and Explain the process of expatriation and Repatriation

  • 1. sushmitha g. s. 2nd M.com. Under the guidance of Sundar B. N. Asst. Prof. & Course Co-ordinator GFGCW, PG Studies in Commerce Holenarasipura
  • 2. What is expatriation: The employees expatriation (the transfer of a professional to work in a foreign company’s unit for a certain or not), is an usual strategy adopted by companies. Which have operations in more than one country and aims to expand markets. Provide international concern to their employees, transfer specific knowledge. Fill the needs of specialized workers. Leadership development, implementation of new projects etc……..
  • 3. MCN(Mother country national): When a company of a country recruits employee from its own country is known as Mother country national. Here the country is called parent country or mother country. Example: When a Indian international company , recruits employees from india.
  • 4. HCN (HOST COUNTRY NATIONAL): When a company of a country runs their business in onother country and recruits employees from that country then it is known as HCN. Here the second country is the host country. Example: when a Bangladeshi company runs their business in india and recruits indian citizens for their organisation.
  • 5. TCN(THIRD COUNTRY NATIONAL): They are the citizens of one country employed by a company from another country who worked in a third country. Example: When a Bangladeshi from recruits Employee from india for their Canada branch.
  • 6. Explain the process of Expatriation: 1.Finding work. 2.Gather all the necessary paperwork. 3.Know your host country. 4.Think of your health. 5.Learn the basics of the language.
  • 7. 1. FINDING WORK: The chances of finding work abroad are fortunately increasingly high ; you can go abroad with programms such as VIE( volunteer for international experience ) , apply for a working holiday visa, become a voluntary worker abroad, do a humanitarian mission, ask your boss to move to a branch abroad, or you could do an intership in a company as part of your studies.
  • 8. 2.GATHER ALL THE NECESSARY PAPER WORK: Different documents will have to be prepared and applied for generally, at the embassy as required by the host country. VISA, Work permit, special pass port regulations,etc….. you should able to find out all the requirement at the embassy of the country.
  • 9. 3.Know your host country: Essential things to know for a smooth expatriation process :find out its currency (the exchange rate,what you can do with ,let’say$500etc)primary language,living conditions,culture,difficulties that often arise there,ect.
  • 10. 4.Think of your health: Prior to departure,you should have a full health check-up and be vaccinated depending on what is required/recommended in websites such as this one. Also ,don’t your vaccinated certificate .It could be useful .It’s important to have medical insurance to help you out in case of an emergency.
  • 11. 5.Learn the basics of the language: Another important step in the expatriation process is to start learning the language before getting there to facilitate your integration in your host country as early as possible . The minimum you should know is convertion expressions of politeness and basic ,useful vocabulary.
  • 12. What is Repatriation : Repatriation refers to converting any foreign currency into one’s local currency. Repartriation sometimes becomes necessary due to business transactions,foreign investments,or international travel.
  • 13. Explain the process of Repatriation: 1.Preperation. 2.Physical relocation. 3.Transition. 4.Readjustment.
  • 14. 1.PREPERATION: Before 3-4 months of expatriate return. Devoloping plans for future and info about new position. Checklist of items before leaving (closure of bank a/c, bills etc..) 2. physical relocation:  Removal of personal belongings, breaking ties with friends, colleagues before returning. Re-entry training for home country’s update, socio- cultural contrast orientation, psychological aspects etc….
  • 15. 3.Transition:  Finding accommondations, school for children, opening bank a/c etc.. For comfortable living. Relocation consultants used. 4.Readjustment:  coping with aspect as company changes, reverse culture shock and career demands. example: Repatriation returning from country where power distance is large as Thailand may experience stress on returning to small power distance countries like Denmark.
  • 16. Conclusion: Expatriation is a great adventure you gain autonomy, an open mind, and new experiences, but it’s always best to think through the expatriation process thoroughly.