HRM has changed a lot globally due to:
Globalization: Companies now operate worldwide, so HR practices have to adapt to different cultures and markets.
Tech Advances: Digital tools make it easier to manage remote teams and recruit talent from anywhere.
Cultural Awareness: There’s a greater focus on understanding and respecting diverse work cultures.
Regulatory Changes: HR must keep up with different laws and regulations in various countries.
Talent Mobility: Companies are focusing on moving skilled workers around the globe to fill gaps.
Key Features
Cultural Sensitivity: Understanding and respecting different cultures.
Balancing Practices: Mixing standardized HR policies with local adaptations.
Global Talent Strategies: Attracting and developing talent from around the world.
Tech Use: Using digital tools for hiring, training, and managing performance.
Compliance: Following international labor laws and ethical guidelines.
Flexibility: Offering remote work and flexible schedules.
Diversity and Inclusion: Creating a diverse workplace that values different perspectives.