Human Resource Management (HRM) has evolved into a global context due to factors such as increased globalization of businesses, technological advances, and changes in the workforce. Global HRM focuses on strategic alignment, diversity and inclusion, talent management, and compliance with laws and regulations. Key features include international recruitment and selection, expatriate management, global training and development, fair performance management, and competitive compensation and benefits.
Examples of global HRM practices include international recruitment and selection, expatriate management, global training and development, fair performance management, and competitive compensation and benefits. These practices require a deep understanding of labor markets and cultures, as well as the ability to adapt to the unique needs of different countries. As businesses become more globalized, global HRM professionals play a crucial role in attracting, developing, and retaining top talent.