Best HRM Practices: Workforce, Recruitment & Reward Management

Verified

Added on  2023/06/18

|9
|676
|318
Presentation
AI Summary
This presentation provides an overview of international human resource management (IHRM), highlighting its central role in global organizations. It discusses the importance of HRM practices in attracting, retaining, developing, and motivating employees to gain a competitive advantage in the international market. The presentation focuses on three best HRM practices: effective workforce planning, efficient recruitment and selection processes, and performance and reward management systems. It also addresses issues related to HRM in international business, such as communication problems, diversity challenges, and gender ambition gaps. The analysis concludes that strategic workforce planning is crucial for achieving organizational goals and adapting to the evolving demands of the 21st century. The presentation also references various books and online resources to support its claims.
Document Page
INTERNATIONAL HUMAN
RESOURCE MANAGEMENT
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
TABLE OF CONTENT
Introduction
HRM Practices and its importance
Three best HRM practices for an international business
Issues related to HRM in an international business
Conclusion
References
Document Page
INTRODUCTION
Human resource management is the department that plays a
central role within an international organisation.
In today's world, HR work as a leading part along with
different management functions and make internal
capabilities for the organisations perspective.
This presentation includes the evolution of three best HRM
practices for an international business with specified
examples and challenges face by the HR department while
implementing HRM practices.
Document Page
HRM PRACTICES AND ITS IMPORTANCE
There are different organisation which are increasing in the
competitive world and face challenges due to the process of
globalisation and gain competitive advantages. HRM
practices are the system that attracts, retains, develops and
motivates the employees for ensuring effective
implementation and survival of the organisation in the
international market.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
THREE BEST HRM PRACTICES FOR AN
INTERNATIONAL BUSINESS
Most of the international businesses are gaining effective HRM practices
that influence the major international practices in significant manner. Best
HRM practices which are used by the companies while working at
international businesses are: The effective workforce planning, recruitment
and selection process and Performance and reward management system in
the organisation.
The effective workforce planning: The use of workforce planning refers
to the set of different activities that use by the company to manage their
employees and obtain the best process to overcome the issue in
systematic ways.
Document Page
CONT.…
Recruitment and selection process: With the use of efficient
recruitment and selection process the company plays a significant
role in managing performance strategies for getting a better chances
in attracting their right talent to fill the vacant positions in the
company.
Performance and reward management system: The performance
management strategies used by the company at international level is
basically helpful for aligning focus and make essentials goals for the
growth of the company.
Document Page
ISSUES RELATED TO HRM IN AN
INTERNATIONAL BUSINESS
Having communication problems: As it will be make an impact on
the cultural diversity and physical distance for maintaining the
success over the period of time.
Diversity issues: Building a diversifying culture in the organisation
is the major challenge in international business faced by the
management of human resource department.
Gender ambition gap: To minimize the gender gap is one of the
basic activities that is helpful for analysing the challenge in
significant manner.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
CONCLUSION
From the above presentation, it is analysed that the use of different challenges for analysing their roles
to broader the terms and make more strategic options at the 21st century.
This is very important for the growth to developed a workforce planning for the growth of mission and
vision.
This is very important for the growth to developed a workforce planning for the growth of mission and
vision.
Document Page
REFERENCES
Books & Journals
Alhammadi, M.H., 2021. The Impact Of Hrm Practices On Job Satisfaction In Government Agencies. Turkish Journal of
Computer and Mathematics Education (TURCOMAT), 12(10), pp.6220-6226.
Beddow, H., 2021. Getting involved in innovation: how High-Involvement HRM practices support employee’s to be
innovative. Human Resource Management International Digest, 29(5), pp.1-4.
Di Pietro, F., Monaghan, S. and O'Hagan‐Luff, M., 2021. Entrepreneurial finance and HRM practices in small firms. British
Journal of Management.
Online
Challenges of international human resource management, 2021. [Online]. Available through:
<https://www.allianzcare.com/en/employers/employer-blogs/2021/01/challenges-international-human-resources.html>.
Human Resources Practices at Amazon UK, 2021. [Online]. Available through: <https://bohatala.com/human-resources-
practices-at-amazon-uk/>.
chevron_up_icon
1 out of 9
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]