Let's discuss Global HRM

HRM evolves and the key features

HRM evolves and the key features

by VANESSA . -
Number of replies: 0

1. How HRM evolves into a global context
Back in the old days, HR activity were only influenced by domestic market but due to globalization a lot of companies evolved into multinational companies each one has the companies has their own HR department which makes the system become more complicated. Moreover, the company now not only managing core HR activity but also manage both internal and external challenges of the company in the global environment which lead to higher degree of diversity and complexity of HRM.


2. What are the key features described about global HRM

6 Core + internal & external challenges

- Planning

- Staffing (including recruitment selection n placement of employee)

- Training and development

- Performance

- Compensation of benefits

- Employment relations

Internal : cultural forces (value of money, working hours, recognition of one's work), global talent pool (recruiting talent, selecting, training, developing and support their and their family while aboard), management of global knowledge base

External : political, economical, social, technological, legal and ecological aspects