Unit 5: Emerging Trends in International HRM
Emerging Trends in International HRM
International Human Resource Management (IHRM) deals with managing human resources in multinational companies across different countries. With globalization, IHRM is evolving to meet the demands of a dynamic global workforce.
Key Emerging Trends in IHRM
Conclusion
International HRM is becoming more strategic and tech-driven. Companies must
adopt flexible, inclusive, and globally consistent HR practices while
respecting local customs and laws. These emerging trends are essential for
building a competitive and sustainable global workforce.
HR/IR Issues in MNCs and Corporate Social Responsibility (CSR)
HR (Human Resource) and IR (Industrial Relations) issues in Multinational
Corporations (MNCs) arise due to differences in labor laws, cultural
expectations, and business practices across countries. Corporate Social
Responsibility (CSR) refers to a company's efforts to operate ethically and
contribute to economic development while improving the quality of life of
employees, communities, and the environment.
HR Issues in MNCs
IR Issues in MNCs
Corporate Social Responsibility (CSR) in MNCs
Integration of HR/IR with CSR
- HR policies must align with CSR goals, such as ethical recruitment and fair labor practices.
- MNCs are expected to respect international labor standards (e.g., ILO conventions).
- CSR enhances employer branding, boosts employee morale, and ensures legal compliance across borders.
Conclusion
MNCs face complex HR and IR challenges due to their global presence. At the
same time, CSR has become a crucial part of sustainable business strategy.
Effective integration of ethical HR practices and responsible labor
relations with CSR can help MNCs build trust, loyalty, and long-term global
success.