Effects of Globalization on Human Resources Management



Effects of Globalization on Human Resources Management


financewiki.blogspot.com

About Globalization

Globalization, as it has emerged in the 21st century, poses distinctive HRM challenges to businesses especially those operating across national boundaries as multinational or global enterprises.

With the rise of the globalization, today all kind of organizations are interacting with customers and stakeholders from diverse cultures, languages and social backgrounds. Globalization also has a big impact on the way employer manage their employees.
                                                                                                             
Globalization refers to an increasing level of interdependence among the countries by a number of ways like free flow goods and services, free movement of labor, different sectoral and political openness, military alliances, etc. (Fazlul & Mohammadand Faud , 2010)

Importance of the Globalization

Being at the centre of globalization, multinational organizations and manufacturing firms need to learn to integrate diverse value systems and espouse shared global work values to create an environment, where workers are able to communicate and coordinate their activities to reach common goals (Rosenblatt, 2011).

The forces of globalization, have changed the world of work, some of the principal changes, the world over have been the emphasis on competitiveness, increasing numbers of women joining the work-force, a more mobile and diverse work-force and growth in part-time and flexible work (Faugoo, 2009)


Effects of Globalization on HRM

Recruitment

Globalization influences for a larger labour pool from which to choose, but it also increases the possibility of language and cultural barriers in the recruitment process. Human resource managers must adapt to the different customs and cultures when hiring employees in different countries.

Labour Laws

Labour laws can differ greatly from one country to another. With increasing globalization, human resources managers must stay abreast of the labour laws of the countries in which they operate to ensure that the company is not inadvertently breaking these laws.
Additionally, human resource management should make certain that they are not taking advantage of labour laws that may be more lax in other countries than those in their native country. For example, child labour is illegal in the United States, but in different countries, this is not the case.

Labour Force Implications

Globalization has a significant effect on the labour force of a company. It allows for more diversity within the corporation as well as economic growth for the countries in which the company is hiring.

Training

Providing training and support to employees who wish to keep up with technical changes not only benefits the company but also helps the employees who take this route to feel like they are a vital part of the business. The human resources manager can face this challenge head on by identifying the core areas of the business where training is needed and by offering either on-site programs or by facilitating training opportunities for employees off-site


REFERENCES
Faugoo,D.(2009). Globalisation and Its Influence on Strategic Human Resource Management, Competitive Advantage and Organisational Success. International Review of Business Research Papers Vol. 5 No. 4 Pp. 123133

Fazlul, K.R., Mohammad, M.H. and Faud, H. (2010). Globalization and Human Development-Realities and Recommendations for Developing Countries . Asian Affairs, Vol. 30, No.1 : 32-49, January-March, 2010

Rosenblatt, V. (2011) .The impact of institutional processes, social networks, and culture on diffusion of global work values in multinational organizations. Cross Cultural Management: An International Journal, Vol. 18, No. 1




Comments

  1. Good essay with latest references.Well structured.

    ReplyDelete
  2. Interesting write up.. keep it up good work..

    ReplyDelete
  3. well organized. keep the momentum going on

    ReplyDelete
  4. Interesting topic with more information. Good article. Keep continuing!

    ReplyDelete
  5. Well organized article . Keep it Up

    ReplyDelete
  6. Good essay good flow keep up the good work but still no examples

    ReplyDelete

Post a Comment

Popular posts from this blog

Learning and Development

Corporate Social Responsibility

Issues in international HRM