Thursday, September 22, 2016

PCN, HCN, TCN

(i)Parent Country National(PCN): When a company of a country recruits employee from its own country is known as PCN. Here the country is called parent country.
Example: when a Bangladeshi international company, recruits employees from Bangladesh.

(ii)Host Country National(HCN): When a company of a country runs their business in another 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 organization.

(iii)Third Country National(TCN): They are the citizens of one country employed by a company from another country who worked in a third country.
Example: when a Bangladeshi firm recruits employee from India for their Canada branch.