International Human Resource Management (Importance Ad Significance)

3338 words - 14 pages

Table of Contents
Introduction 2
Differences between Domestic and International Human Resource Management 2
What is Expatriate 4
IHRM has three dimensions 4
International assignments create expatriates 5
Increasing Importance of International Human Resource Management 6
Significance of International Human Resource Management 9
Conclusion 11
Reference……. 12

As we enter the new millennium, more and more companies are recognizing the importance of managing their human resources as effectively as possible. They are also recognizing that doing so, however, cannot be done without recognition and incorporation of the global context. It is ...view middle of the document...

Human Resource Management (HRM) is a group of individuals in an organization created to increase employee performance in service of the employer’s objectives. HRM focuses on recruitment, management, and providing direction for employees with organizations within the organization’s policy and systems. There are two primary types are the international HRM or IHRM and the domestic HRM or just HRM. Domestic HRM is when HRM is practiced with in the geographical boundaries of one country. It focuses on the management of people in a single-country. International HRM is when HRM is practiced by multinational organizations. It focuses on the management of people in multi-country. There are multiple similarities between the international and domestic human resource practices. The similarities are areas like planning and staffing, recruitment and selection, reward, along with appraisal and development HRM can work with each other and it would be hard to tell the difference between the two (Dowling, 2008). But there are two ways to tell them apart (Dowling, 2008).
For instance, the first one would be difficulties of working in one country, where the employee have to adapt to different policy and procedures to address their customs and laws. The second one would be the fact of having to hire multiple nationalities in order of facilitate the operations to make sure there are employees that are already accustom to the laws and customs of that region.
Differences between Domestic and International Human Resource Management
Sl. No. IHRM Domestic HRM
1. It deals with a very broader perspective. It deals with a very narrow perspective- looks only for the domestic country HR.
2. It considers the global laws prevailing across the world. It considers the laws prevailing in the country where company is having its headquarters.
3. More involvement in employees lives happens There are standard policies for every employees working in the country.
4. External influences and factor affect the company. There are not much of external influences to affect the company.
5. Work force that is people from different culture work together. Generally people from the home country works in the company.
6. There is a risk factor involved such as terrorism crisis etc. A minimal of risk is involved as compared to international perspective.
7. There is a complexity involved in handling different people from different country. It is relatively easy to handle the employees as they belong to same country.
8. Attitude of senior management people differ as it involves dealing globally. Attitudes generally tend to be the same with all employees.
9. Involvements of different culture do affect the organization’s culture. As employees are generally from same country, adoption of culture is very feasible.

The main differences as expected that the IHRMs follow more rules and regulations along with more stringent international policies like those related taxation at the...

Other assignments on International Human Resource Management (Importance Ad Significance)

Human Resource Management Essay

256 words - 2 pages Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will

Human Resource Management Duties Essay

2218 words - 9 pages Joel Carr Final Extra Credit Assignment 12/11/13 Human Resource Management is the job of attracting, training and retaining employees. Human resource managers are in charge of employees. They need to ensure each employee is getting paid in accordance to the FSLA, and there is no internal or recruitment discrimination. They also need to deal with any internal issues that may arise such as harassment, on the job injuries and any negative acts

Human Resource Management

2245 words - 9 pages which test is different from other brands. So, this is one kinds of entrepreneurship. Generally both entrepreneurship and leadership play important role for the organizations and entrepreneurship is not otherwise than a special case of leadership is mainly described in this essay. In the first part some concept of leadership is described by animal as well as with in human context and also theories. And in another part history of entrepreneurship

Cleopas Kerias ...Human Resource Management Research

1669 words - 7 pages to be mindful and may employ a Think Global, Act Local approach in most circumstances. With a population of only four million people and the nations strive towards high technology and knowledge-based economy; foreign talents are lured to share their expertise in these areas. Thus, many local HR managers have to undergo cultural-based Human Resource Management training to further their abilities to motivate a group of professional that are


9492 words - 38 pages the Business. Organisational Dynamics: 18–32. Schuler, R.S. and Jackson, S.E. (1987) Organisational Strategy and Organisational Level as Determinants of Human Resource Management Practices. Human Resource Planning, 10(3): 125–141. Schuler, R.S. and Jackson, S.E. (2005) A Quarter-century Review of Human Resource Management in the U.S.: The growth in importance of the international perspective. Management Revue, 16: 11–35. Schuler, R.S. and

Human Resources Information Systems

4923 words - 20 pages Let Us Sum Up Clues to Answers 8.0 OBJECTIVES After having read this Unit, you should be able to: • understand the dynamics of information system and its use as a tool for measurement, • examine the significance of information in human resource management, • appreciate the approaches to the information system at the macro and micro levels, • consider the shortcomings of manual information system, and • discuss


3415 words - 14 pages Practices on Firm Performance in Russia”, International Journal of HumanResource Management, 11, pp. 1–18. Hoskisson, R.E., Eden, L., Lau, C.M., and Wright, M.2000. “Strategy in Emerging Economies”, Academy of Management Journal, 43(3), pp. 249–267.59] Huselid, M.A. 1995. “The Impact of Human Resource Management Practices on Turnover, Productivity, and Corporate Financial Performance”, Academy of Management Journal, 38(3), pp. 635–672

Competency Model

5611 words - 23 pages associated to Local Authorities in adopting a human resource management framework as suggested by the western literature. 2. Problem Statements: Human resource planning has declined in importance in Britain, and is increasingly seen as an informal problem-solving activity. HR, especially in terms of training and development, is highly decentralised in Britain. The traditional training model has been out of dated by a learning model which


2116 words - 9 pages significance: Proper management of personnel’s, enhances their dignity by satisfying their social needs. This is done by a. Maintaining a balance between the jobs available and the job-seekers, according to the qualification and needs b. Providing suitable and most productive employment c. Making maximum utilization of the resource d. Eliminating waste or improper use of human resources e. By helping people make their own decisions


1880 words - 8 pages relatively stable world, overlooking needs for changes in the business practices. This consequently forced companies to shift their organisational strategic goal to incorporate the importance of human resource management by further analyse its internal resources and skills to achieve sustained competitive advantage in the market. Henceforth for the last decade, strategic human resource researchers have increasingly looked into associating resourced

Training And Development @ Prabhat Khabar

4491 words - 18 pages khabar. My another objective is to apply my learning in the area of Human Resources so that I gain significant practical and understand the nature and importance of training and development and identify the various inputs that should go into any programme. Delineate the different stages in a training and development programme and describe each step. Understand the need for and the ways of training for international assignments

Similar Documents

Human Resource Management Importance Of Motivation And Appraisal

3111 words - 13 pages performance from employees. The human relationships school reflects the influence of sociologists and psychologists on the development of the management theory. Business organization was seen not as impersonal formal structures but as social systems in which psychological and emotional factors have a significance influence on the productivity. Good human relationships, employee consultations, democratic leadership, motivated employee and work

Human Resource Management Essay

591 words - 3 pages practices as a critical strategic dimension affecting organization performance; which is the objective of this assignment. Strategic human resource management enhances organizational effectiveness and also productivity. The implementations of the HRM practices mentioned in this assignment are able to achieve their goals and objectives. This assignment on SHRM highlights its importance in TECO Electric and Machinery Pte Ltd. And it focuses on what best

Hrm (Human Resource Management) Essay

317 words - 2 pages Human Resource Management Examination Paper of Human Resource Management IIBM Institute of Business Management Examination Paper MM.100 Human Resource Management Subject Code-B102 Section A: Objective Type & Short Questions (30 marks)    This section consists of Multiple Choice and Short Answer type questions. Answer all the questions. Objective Question carries 1 mark each &Short Question carries 5 marks each. Part One Multiple

Human Resource Management Essay 849 Words

849 words - 4 pages nagHuman Resource Management Overview Whitney Griffin HRM 300 August 29, 2015 Angela Oden Human Resource Management Overview Introduction Employees have a tendency to go through their day without knowing the behind the scenes work that others handle. Without these behind the scenes people, their day will not go smoothly. From making important business calls on personal time or personal cell phones, to getting lunch in a timely manner