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Odebrecht vs. Hensel Phelps Construction

Study Abroad in Panama By: Joshua Sanford. Odebrecht vs. Hensel Phelps Construction. Video Preamble. Outline. Introduction Information/ Data Collection Approach Case Study Results/Results Impact Similarities Differences Summary. Introduction.

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Odebrecht vs. Hensel Phelps Construction

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  1. Study Abroad in Panama By: Joshua Sanford Odebrecht vs. Hensel Phelps Construction

  2. Video Preamble

  3. Outline • Introduction • Information/ Data Collection Approach • Case Study • Results/Results Impact • Similarities • Differences • Summary

  4. Introduction • By definition, construction is “the way in which something is built or put together.” • The primary focus of my report is to compare the two construction companies and how the hiring of foreign employees effects the business and the country.

  5. Introduction • According to Panama law, Panamanian companies are allowed to hire a maximum of 5% foreign employees. • That law also states if a foreign company has a branch in Panama, that company is allowed to hire a maximum of 12% expatriates.

  6. Introduction • This report will discuss the hiring of foreign employees between the two companies and how it may be an advantage or disadvantage.

  7. Introduction • Logos of both companies being studied

  8. Introduction

  9. Information/Data Collection • Data Collection was carried out by two different methods • Personal Interview in Panama • Internet Research

  10. Information/Data Collection • I used Google.com as my main search engine. • I used keywords to search and gather information for this report.

  11. Information/Data Collection

  12. Information/Data Collection • Information found: • Panamanian Law allows companies to hire a percentage of foreign employees. • America has no law stating the limitations of hiring foreign employees, as long as they are legal to work in the US. • The situation for both companies, natives are losing jobs to more experienced foreigners.

  13. Case Study • Odebrecht • Located in Panama City, Panama • 159,036 employees worldwide • Odebrecht does business in the markets of construction, engineering, chemical, and petro-chemical.

  14. Case Study • Location of Odebrecht

  15. Case Study • Hensel Phelps Construction • Located in Greeley, Colorado • 2,727 employees • The bulk of Hensel Phelps’ construction is contracted out to sub-contractors.

  16. Case Study • Location of Hensel Phelps Construction

  17. Results/Results Impact • Both companies are allowed to hire foreign employees. • Odebrecht is only limited in Panama by law to the percentage of foreign employees they can hire. • Hensel Phelps can hire as many foreign employees as needed as long as they are not undocumented workers.

  18. Results/Results Impact • The results of this report were that foreigners are a threat to the natives of Panama and the US. • Although, Panama’s law allowing companies to hire foreign employees attracts companies there to expand their businesses.

  19. Results/Results Impact • Differences • Odebrecht is a International company that operates in over 60 countries. • Hensel Phelps is only a US company.

  20. Summary • This report was focused on the hiring of foreign employees, and how it may make or break the country. • When construction companies hire foreign employees or undocumented workers, it puts natives on unemployment. • With increased unemployment, sometimes leads to tax increase, etc.

  21. Thanks

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