Investigating the financial impact of training of local staff as a retention and recruitment strategy in international school contexts.

University guidelines
This assignment will demonstrate the ability to:
Understand issues and topics raised within the module
Draw from and critically evaluate appropriate theory and literature
Link theory to practice
Develop a clear and structured argument
Assignments should examine the nature and outcomes of financial and resource management processes in theory and practice.
Structure
Your assignment should include:
An introduction to the assignment, including the context (300-350 words max.)
A critical review of relevant literature (900 words)
Substantiated reflections on the links between theory and practice (900 words)
Conclusions and recommendations based on what you have identified. (500 words)
Presentation
Your work must be fully referenced using the Harvard referencing style and your presentation will be judged on its clarity, focus and
fluency.
Overview
This assignment must focus on the financial aspect of education. Financial resources are of course indispensable for any school to
operate but especially for international independent school that only rely on student paying fees to fund its budget.
Internationals school are constructed to replicate international and western curriculum in various part of the world. These
educational establishments have changed from merely educating children of expatriates to recognized entities who provide a different
type of education that appeals to the wealthiest population in any given country. In Asia the international school system is booming
and, for example, in country like China, is a fact that 95% of students’ population is from the home country.
As stated earlier, international schools run international western curriculum s therefore require the expertise and knowledge of
teachers who could teach such curriculum s. Obviously, an expatriate workforce is highly desirable, but also is very expensive and, as demonstrated lately, in high demand. In fact it is common knowledge the prediction of teachers’ shortage at international level due to the fast growth of this sector in the past 15 years.
One of the biggest problems in international education, for sustaining growth and consistency in students’ learning progression is the retention of staff. Contracts are generally offered on a 2-year basis and according to where the Geo-political location of an
international school, it can attract a major or minor number of candidates altogether. These 2 factors contribute to the uncertainties
of establishing any sort of succession plan.
While international schools located in Europe and North America don’t seem to suffer from attracting teaching staff, the international school located in less favorable sociology-economical regions struggle to fill teaching vacancies consistently.
The issue of international schools is that they tend not to tap of the vast local human resources at hand. Also, local staff suffer
little or no mobility at all.
This research aims to investigate how training of local staff can have a positive financial impact on school finances, guarantee
sustainability and benefit students’ learning by minimizing turnover of staff and guaranteeing a more stable and coherent progression through the years.
Schooling has become very expensive. That’s a challenge not only for the expatriate, but for HR professionals who still need to
attract foreign talent
https://www.bbc.com/capital/story/20170510-the-innovators-offering-expats-more-affordable-schools (web source published 11/05/2017)