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Essay on Human Resource Management

   

Added on  2019-12-28

11 Pages2555 Words154 Views
Human ResourceManagement

Table of Contents3.Factors which influence HRM practice....................................................................................3Essay on Human resource Management in an International Context ............................................11. HRM practices .......................................................................................................................12. Practices in China and South Africa ......................................................................................23.Factors which influence HRM practice....................................................................................3CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6

Illustration IndexIllustration 1: External factor which affect HR practises.................................................................4

Essay on Human resource Management in an International Context In every organisation, human resource management plays and important role because it istype of strategic function which is mainly concerned with the consequences and outcomes oforganisational decisions. In present time, globalisation of business is continuously growingwhich results in increasing the intense competition among companies at both domestic andinternational level (Boxalland Purcell, 2011). Due to this reason, competitive human resourcemanagement is essentially required in organisation to gain the competitive advantageseffectively. In this context, organisational decisions are related to productivity and well being ofhuman resources and entire work place.The term international human resource management is about procuring allocating andutilizing the human resources effectively in respect to multinational company. It is alsoconcerned with the problems of human resources of multinational firms. In this context, it canalso be defined that IHRM is related to the relationship between foreign environment in whichfirm operates its business and their human resource activities (Roberts, 2010). The main aim ofpresent essay is to consider the practices of international human resource management. For thispurpose two countries China and South Africa are considered. The essay will help inunderstanding the HRM practices in both countries. 1. HRM practices In present time period, market of corporate world is becoming competitive and unstablein nature. In this context, to gain the competitive advantage, all business units are movingtowards the innovative sources with the help of human resource practices. In organisationseffective HRM practices are necessarily required because it develops, attracts, motivate andretain the employees effectively (Chang, 2010). It is also considered as a group of internallyconsistent policies which are designed and implemented at workplace to ensure that humanresources of firm are effectively contribute in attaining the strategic objectives and goals oforganisation. So, it is evaluated that HRM practices are related to formal policies, specificphilosophies that are created to mange and utilize the capabilities of human resources in effectivemanner. Its practices are related to recruitment, selection, training & development, performanceappraisal and compensation, remuneration in organisation (Varma and Budhwar, 2013). Due tothe development of multinational enterprises and growth of international business operations,1

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