Thursday, November 21, 2019
International HRM Essay Example | Topics and Well Written Essays - 3000 words - 3
International HRM - Essay Example ation, changed organisational structure and employee satisfactionââ¬â¢s issues, consumer behaviour shift, changed societal mind set, employee related government laws, changing norms, fluctuating market trends and variable economic conditions. Analysis of expatriation related practices by HRM department of UNILEVER.LTD is included along with the measures that have been taken to confront them. Recommendations with respect to changing techniques and methodologies have also been made. Human resource management is of great importance for any organisation. Effective HRM helps the organisation to efficiently utilise its work force in order to meet its strategic targets and goals. This exercise comprises of procedures, methodologies, constraints and benefits. At the urge of 21st century, the world has taken the shape of a global village due to advance communication and information technology. Increasing population with limiting resources has made it hard for people to survive. Descending employment and increasing inflation in many countries, especially the third world countries have driven their skilled labour & professional workforce to expatriate for the economic benefit. With the emergence of globalisation, business environment has also globalised. International trade flows, formation of global economic forums, changes in organisational structure and expansion of companies into MNCs have resulted in availability of labour market and staffing requirements which has increased opportunities for skilled work force and business professionals (Edward & Rees, 2006). This cross border demand-driven employment opportunities is resulting in paradigm shift of many countries, like Hong Kong and Singapore, towards service oriented economies. On one hand, expatriation and immigration has brought in many benefits for business and corporate community like economic opportunities, exploration of new markets worldwide and development of multi-cultural work force but on the other hand, it
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