Global commerce has brought about changes in HRM. It was primarily local at first, but it now addresses a wide range of cultures, legal systems, and economic systems. It emphasizes managing talent globally, according to the law, and comprehending cultural differences. HR professionals must strike a balance between adhering to local norms and following the rules. Businesses benefit from this on a worldwide scale. This demonstrates the significance of HRM in the interconnected business world of today.
Here are some key features which are described about global HRM:
International Mobility Management
Compliance and Legal Expertise
Global HR Policies and Standardization
Language and Communication Skills