Let's discuss Global HRM

Global HRM

Global HRM

by SAKI KONDO . -
Number of replies: 0

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.