With the integration of the global economy, many companies are trying to expand their business and spread their business around the world.At the same time, HRM needs to evolve into global/international HRM to meet current business development needs. IHRM no longer focuses on just the main duties of HRM, but must also adapt to the different cultures of the host country (unless they choose an ethnocentric approach to global expansion) as well as handle expatriates and the trainings and remunerations required for the expatriates.
The key features of IHRM include:
1、 Complexity of the environment.The differences in economic, social and natural environments make the environment faced by multinational companies more uncertain.
2、 Cross-cultural management.Cultural diversity is a major problem in the international operation of multinational corporations, so it is necessary to carry out multicultural management.
3、Employee diversity.The employees of multinational companies may come from home country, host country or third country, and their ethnic composition is also diverse, which brings a series of new problems to human resource management of multinational companies.