This report provides an overview of the International Human Resource Management (HRM) practices employed by HSBC Holdings Plc, a multinational investment bank. It highlights the significance of HR practices in hiring and retaining talented employees, focusing on recruitment and selection processes, training and development programs, and employee benefits. The report discusses the advantages and disadvantages of each practice, such as transparency in recruitment, improved employee knowledge through training, and motivational benefits for employees. Furthermore, it identifies key issues faced by the company, including attracting and retaining beneficial employees, addressing training and safety concerns, and ensuring job security. The conclusion emphasizes the importance of effective HR practices in recruiting and retaining talent, while also acknowledging potential challenges. The report references various academic sources to support its analysis of HRM at HSBC.
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