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32203896 IHRM Presentation

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    PRESENT TION

    ON

    INTERN TION L HUM N RESOURCE

    M N GEMENT

    Presented by:

    Anjali Nair

    Manish Singh

    Prateek Shrivastava

    Devendra Prasad

    Rounit Roy

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    Human Resource Management:

    Human Resource Management (HRM) involves all management

    decisions and practices that directly affect the people who work for

    the organization.

    IN!RNAI"NA# H$MAN R!S"$R%!MANA&!M!N:

    INTERNATIONAL HUMAN RESOURCEMANAGEMENT(IHRM) is a process of procuring,

    allocaing, an! e"eci#el$ uili%ing &u'an resourcesin a 'ulinaional corporaion , &ile alancing &einegraion an! !i"ereniaion of Hu'an Resourceaci#iies in foreign locaions*

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    "'(!%I)!S "* I+HRM:

    To reduce the risk of international human resource.

    To avoid cultural risks.

    To manage diversifies human capital.

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    P, M"R&AN-S M"D!# "* IHRM

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    Human resource activities

    Procurement

    llocation

    !tilization of human resources

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    Host country country in which the M"# seeks to locate or has

    already located a facility.

    Parent country

    T&e counr$ in &ic& a co'pan$+scorporae &ea!uarers is locae!*Third country

    $ountries other than the one in which the M"$ is

    head%uartered or the one in which it is assigned to work &y

    the M"$.

    Nations categories where firms expand and operate

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    Categories of employees in an MNE

    Host-country nationals (HCNs#mployees &orn and raised in a host country.

    Advantages

    "o pro&lems with language and

    culture.

    Reduced hiring costs.

    "o work permits re%uired.

    Disadvantages

    Hea! -uarers 'a$ &a#e less

    conrol o#er operaions*

    HCNs 'a$ sill &a#e li'ie! career

    opporuniies ousi!e &e

    susi!iar$*

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    Parent-country nationals (PCNs

    #mployees who were &orn and live in a parent country.

    Advantages

    Control and co-ordination by

    HQ is maintained.

    Promising managers get

    international experience.

    Assurance that the

    subsidiary will comply with

    company objectives policies

    etc.

    Disadvantages

    H%Ns .romotion o..ortunities

    are limited,

    P%Ns may im.ose anina..ro.riate H/ style,

    %om.ensation di0erences

    bet1een P%Ns and H%Ns maycause .roblems,

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    Third-country nationals (TCNs

    #mployees &orn in a country other than a parent or host country.

    Advantages

    Salary and compensation

    may be lower than or PC!s.

    "ay be more amiliar with

    host country than the PC!s.

    #isadvantages

    $ransers must consider nationalanimosities.

    $C!s may not want to return aterassignment.

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    International Recruitment and Selection

    Recruitment

    't is defined as searching for and o&taining potential o& candidates in

    sufficient num&ers for and %uality so that the organization can select the most

    appropriate persons for its o& needs.

    Selection

    't is defined as the process of gathering information for the purposes ofevaluating and deciding whom should &e employed in particular o&s.

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    %riteria 2or Selecting Sta0 2orInternational Assignments

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    Di0erence bet1een IHRM and DomesticHRM

    . Responsile for a greaer nu'er of funcions

    an! aci#iies

    . /roa!er 0nole!ge of foreign coun$

    e'plo$'en la

    . Closel$ in#ol#e! i& e'plo$ees li#es

    . Cope i& 'ore e1ernal in2uences

    . E1posure o prole's an! liailiies

    . Manage'en of !i"erenial co'pensaion

    . 3i#ersi$ 'anage'en

    . More coor!inaion an! ra#el

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    )ariables that moderate di0erence bet1eenDomestic HRM and IHRM

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    Main %hallenges in IHRM:

    Talent identification and development identify capa&le people who

    are a&le to function effectively

    *anguage (e.g. spoken+ written+ &ody)

    ,ifferent la&or laws

    ,ifferent political climate

    ,ifferent stage(s) of technological advancement

    #ducational level attained

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    THANKYOU


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