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Essay on International Resource Management

   

Added on  2020-05-08

10 Pages2732 Words39 Views
Running Header: International Resource ManagementInternational Resource Management Authors IDAuthors Name:

International Resource ManagementThe essay presents a brief overview of the international human resource management in theassociation. It tells that how sustainable human resource management influence the trade andbusiness of the company. It explains key roles and functions of the human resource within theorganization. The sustainable and effective IHRM is important to expand the trade and businessworldwide. It describes the roles and responsibilities of the HR head to run the businesseffectively at global level. International human resource management is the primary function of every association. Theinternational HRM includes the various activities such as motivation, recruitment, employment,staffing, selection, performance management, compensation, incentives and performanceappraisal. The human resource management is the backbone of the company. The associationcannot run the business effectively and efficiently without sustainable IHRM. This managementworks for the employee’s safety and it provides job satisfaction to the employees. The HRMmakes various kinds of rules, policies, strategies and regulations to conduct the tradesuccessfully (Al Ariss, Cascio & Paauwe, 2014). The HRM deals with planning, organizing,motivating, directing and controlling the personnel activities and functions of the business. Thescope of the human resource management is much wider. HRM provides support and guidanceto the line management. They search and attract high caliber and potential employees to gain thecompetitive advantages in the market (Barney, Ketchen Jr & Wright, 2011). HRM addressesvarious issues and key challenges of the organization. IHRM ensures that whether businessactivities and operations are conducting inefficient manner or not, it also ensures that whether thecompany is following the ethical and legal standard or not. IHRM also includes worldwiderecruitment and selection strategy and performance management. The human resource activities

International Resource Managementare conducted by the IRHM at global level. The international HRM directs and operates threecategories of the employees which have been discussed below (Armstrong & Taylor, 2014). Home country employees: The home region employees are the employees who are from thesame country where the company headquarter is situated. Host country employees: The host country employees are the people who are the resident of anation in which the company branch and plant is located (Budhwar & Debrah, 2013). Third country national employees: The third country national employees are not the residentof the home country as well as host country but they work in the subsidiary company. Now a day’s many MNC’s wants to expand its business globally to gain the revenue and profitacross the world. Thus, many issues and challenges are faced by the companies while conductingbusiness at international level. They need to follow various rules, policies, strategies andregulation at global level. Thus, MNC’s maintain effective and sustainable human resourcedepartment in the company to run the business activities and operations successfully. Mainly, thesuccess and growth of the trade depends on the effective IHRM. The employees come fromdifferent background and traditions in global business thus they are not able to understand theculture of the other country. In this way, various challenges and difficulties are faced by theemployees. They key functions of International human resource management are discussedbelow (Buller & McEvoy, 2012). Staffing and recruitment: It is the core function of human resource managers and it affects thebusiness activities globally. The staffing and recruitment includes various activities of theemployment. It includes job analysis, job design, compensation and reward scheme, recruitmentand selection. The IHRM analyzes and indentifies the business activities and operations of every

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