The purpose of this research essay is to give general view on prime issues on managing human resource. My research concentrates on the following principal issues considering practices on expatriate and local employees in MNCs.
Introduction.
Identifying, Selecting and Managing the Global Workforce. Importance of Cultural Awareness. Training, Performance Management, Appraisal and Compensation Issues. Introduction: IHRM
HRM refers to those activities which organization does for utilizing its human resources effectively, planning of human resource, recruitment, selection, performance appraisal, compensation management. From the beginning of globalization, companies’workforce has been diverse and cultural issues are appearing. As a result IHRM emerged. International human resource management developed after 1980’s as a subject focusing mainly on what can be the opportunities and problems for MNC’s expatriation, why cross cultural issues are important for international companies and international aspect of HRM consists employee recruitment, selection, placement, performance and compensation management as well career development policies and practices. International human resource management covers the broader perspective on human resource management which involves recruitment, selection, placement and effectively utilizing employees of the company. IHRM encompasses:
Managing employees in the MNCs globally… (Poole, 1990; p1)
Managing employees in the global surrounding and dealing with the problems that arise in MNCs operating in many foreign countries unlike working on behalf of foreign companies in own country or managing international employees in local companies…. (Briscoe and Schuler, 2004; p1)
The way MNCs manage their global employees to gain local as well as global competitive advantage…. (Scullion, 2005; p5)
A branch of management studies which contains how human resource management are
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