HCNs in management and professional positions have increasing bargaining power.

Question

Quizplus · Accepted Answer

As highly skilled and specialized professionals, HCNs (host country nationals) are increasingly seen as key assets by multinational corporations operating in their home countries. This has given them more bargaining power in terms of negotiating compensation packages, career advancement opportunities, and other aspects of their employment. Additionally, as more companies prioritize diversity and inclusion, HCNs are often sought after for their unique perspectives and local knowledge. As the demand for skilled HCNs increases in the global market, those in management and professional positions have been able to negotiate for better compensation, benefits, and working conditions. This gives them increasing bargaining power in the job market.

HCNs in Management and Professional Positions Have Increasing Bargaining Power