Global HRM

Global HRM

by MISHINA ELENA . -
Number of replies: 1

In global context HRM is people management in international companies considering the cultural, legal, political and economic characteristics of the countries where this company operates. I can identify the following key features of HRM:

  • HR must take into account differences in mentality, traditions, languages, and approaches to work across different countries.
  • HR must adapt the company’s policies to local legislation.
  • HRM includes recruiting on a global scale.
  • Companies must consider local realities (work hours, management style, vacation policies
  • HRM increasingly relies on online recruitment, virtual training and flexible work models (hybrid and remote teams).
  • Companies must offer training, career opportunities, and mentoring programs for employees worldwide.
  • HR must take into account economic differences between countries (competitive salaries, bonus schemes, and benefits packages)