Guest Lecture by Dr Serafini at Birmingham City Business School, UK

On Friday 09 July 2021 Dr Giovanni Serafini, Assistant Professor in Human Resource Management at the Business Administration & Economics Department of CITY College, University of York Europe Campus, had the honour to deliver a guest lecture to MA-International Human Resource Management students at Birmingham City Business School, UK following the invitation by Alexandros Psychogios, Professor in International Human Resource Management.

The presentation of Dr Serafini centred on 'Managing Compensation in an International Context' and the key necessity for a multinational business to establish a compensation plan aligned with its organisational strategy and the overall pay philosophy. Most importantly, an effective reward system ensuring internal and external equity is instrumental towards recruiting qualified employees and retaining capable employees, while motivating them to perform to the maximum extent of their capabilities. After overviewing the complexities and stressing the substantial investment involved, it was concluded that managing compensation at a global level represents one of the most crucial challenges for global HRM.