HRM and Industrial Relations Report: Factory Location Recommendations
VerifiedAdded on 2022/10/17
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Report
AI Summary
This report analyzes HRM and Industrial Relations factors to recommend factory locations, focusing on China and India. The analysis includes a comparison of average manufacturing wages, minimum wages, and unemployment rates across several countries, including Germany, Japan, Mexico, Italy, and the US. The report also examines the rules of unions and their impact on company results, highlighting the positive effects of unions in India and the potential benefits of setting up factories in China and India due to lower wages and available labor. Quantitative data, such as wage rates and unemployment, is presented alongside qualitative assessments of union regulations and their influence on employer-employee relations. The report concludes with recommendations for the company to establish factories in China and India, with Mexico as an alternative, based on these comprehensive parameters.
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