International HRM: Practices, Bonuses, and Training Report

This report provides an overview of International Human Resource Management (IHRM), emphasizing its importance in both domestic and international organizations. The report discusses key HR practices such as recruitment, selection, compensation, and training. It highlights the significance of...Read More

International
HRM

Content
 Introduction
 Main Body
 Conclusion

Introduction
Human Resources is an important component for
organisations that operate both domestically as well as
internationally and involves different activities like
recruitment, selection, compensation and benefits, training
etc.

MAIN BODY
International HRM can be defined as a set of different
practices like allocation and utilisation of human
resources within an organisation. It also includes
recruiting, selecting, hiring, training and developing
employees in different international organisation.

Continue
Healthy and Positive Working Environment –
Developing and maintaining a healthy workplace
environment is necessary to generate positive output. It
not only improves the productivity of employees but also
reduces overall staff turnover.

Continue
Performance linked Bonuses – Employees who perform
better than others are offered bonuses in the form of a
variable component. This particular HR practise is used
by employers of a company in order to improve
employees' morale, their level of motivation as well as
overall productivity.

Continue
Training and Development – Training and Development
is a HR practise that is most commonly used by
organisations to enhance overall productivity as well as
performance in the market.

Conclusion
From the presentation, it can be concluded that HR practices
for an important component for any organisation to be
successful and stand out in the market. When an employee
is not happy with his/her job, it affects the performance of
other around him/her also. A healthy and positive work
environment fosters growth for the people who work for an
organisation.

References
Budhwar, P. S., 2016. International human resource management. Edward
Elgar Publishing Limited.
Horak, S. and et. al., 2019. International human resource management in an
era of political nationalism. Thunderbird International Business Review.
61(3). pp.471-480.
Horwitz, F., 2017. International HRM in South African multinational
companies. Journal of International Management. 23(2). pp.208-222.

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