HRM ASSIGNMENT.

HRM ASSIGNMENT

China
Executive Summary
With the due passage of time, China has witnessed a sharp growth in terms of economy and has
integrated into the world economy. This projects the efficiency and the progress of the economy.
However, when multinationals enter the Chinese market they are of the assumption that
attraction of the employees would be easy considering the vast population. However, the
problem lies is the attraction and retention of the skilled labors and the same issue is highlighted
in the report below. The analysis is done with proper issues and discussion that coins the fact that
retention, as well as selection of employees remains a huge challenge.
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China
Contents
Executive Summary.....................................................................................................................................2
Introduction.................................................................................................................................................4
1. Re-entry and career issues..................................................................................................................5
2. Recruitment and Selection..................................................................................................................5
3. Training and development...................................................................................................................6
4. Pay and compensation in China...........................................................................................................6
5. Performance management..................................................................................................................7
6. IHRM in China......................................................................................................................................9
7. HRM ethics and future challenges.....................................................................................................10
Conclusion.................................................................................................................................................12
References.................................................................................................................................................13
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China
Introduction
It is of common knowledge that China is having one of the best marketplaces for conducting
business because of its large unified economic spaces and the businesses that are blooming under
the influence of the huge population. The economic space and other influences are just some
factors which attract the entrepreneurs towards the growth of fame and fortune that they may
achieve by starting their business in China. China has already proved to be one of the biggest
markets and is also continuously growing on a global level. Hiring good quality skilled labor is a
daunting task and the major issues is happening owing to this problem (Kotabe et. al, 2011).
Also, a sense of fear is observed in the environment because of the countless stories of foreign
aspirants who have tried to start their business in China but have failed because of the
unforgiving conditions. The language barriers, lack of transparency, local competition and many
other factors have made it difficult for the foreign aspirants to start the business. The discussion
explores the difficulties that are present in the organization owing to the various factors. Though,
China is progressing and flourishing yet there are major negatives in the area concerning HRM.
The same is highlighted and discussed in the report below.
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