HRM evolved as globalization progressed, including the reductions of trade restrictions, and various companies expanding overseas.
The key features of global HRM are below.
1. Geocentric recruitment: hire suitable people for the positions, regardless of where they come from or where they live.
2. Compensation and Benefits: give-based salary paid by local currency, foreign service premium and overseas medical insurance.
3. Cross-Cultural Training: help employees work effectively in a global environment.
4. Addressing Internal and external challenges: Embrace diverse perspectives and values, and analyze PESTLE which includes political, economic, social, technological, legal and environmental.