1. How HRM evolves into a global context?
Global HRM provides the information, resources, and monitoring required to establish a productive working environment across a diverse group of workers and teams. It ensures that a company's rules and regulations align with its global vision while helping companies realize their global business goals.
Multinational companies, for instance, may want to strike a balance between their international appeal and a more localized feel that is tailored to their workers. These circumstances will fall under the authority of the international HRM staff. This requires a distinctive strategy for cultivating a happy, efficient staff because, as we all know, no business can thrive without one.
Centralized decision-making is still necessary for a multinational workforce even though various locations will create their own specialized procedures.
2. What are the key features of global HRM?
The practice of global human resources is a functional area in itself, as well as a facet of all other HR functional areas.
Given below are some key functions of global HRM.
· Recruitment and Onboarding Process
· On-the-Job Training
· Continuing Professional Development
· Benefits and Compensation
· Ensuring Legal Compliance
· Business leadership
· Ethics and social responsibility
· Diversity
· Labor relations
· Technology management