Facts to Know About International Human Resource Management
International human resource management is an organization which helps the firm in achieving the respective goals at international level. It usually adopts ideas of individuals and other groups of their firm in order to accomplish their goal. Work system of the firm and practice of the employees are some main aspects of international human resource management. This management helps its firms in achieving new heights at international level.
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Functions of IHRM
Functions of international human resource management are quite similar to HRM (human resource management). Some of its major functions have been described belowยญ-
- Recruitment and selection โ Recruitment and selection of the employees is one of the major steps in achieving any goal of the firm. Thus selection procedure of the employees is totally controlled by IHRM.
- Training โ Training of the selected candidates is done under the supervision of IHRM. For fulfilling the needs of the company training is necessary for each and every employee. Once the period of training is over then employees must turn to international management.
- Performance appraisal โ Performance appraisal is a process of accessing the performance of an individual (employee). Through this method, job performance of the employee is assessed. Performance appraisal is also done under the supervision of IRHM.
Management of Employees
There are usually three types of employees who are managed by IRHM.
- Host country employees โ Host country employees are those who work for national interest i.e. these employees are hired for their own country.
- Home country employees โ Home country employees generally belongs to country where the head quarter of the firm is situated.
- Third country employee โ These employees are generally hired from countries apart from home or host country. Third country employees are usually trained and recruited from subsidiary head quarter.
Apart from these, there are several other functions performed by IRHM. Our experts and professional will provide all the information at BookMyEssay.
Approaches of IRHM
Approach of IRHM generally depends on 4 aspects โ ethnocentric, polycentric, geocentric and egocentric. These main approaches of international human resource management are to recruit best people irrespective of their nationality and region. Recruiting best people will definitely help in enhancing the working procedure of the firm.
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