International Human Resource Management - Meaning, Definition, Objectives and Functions

International Human Resource Management - Meaning, Definition, Objectives and Functions

1. INTERNATIONAL HUMAN RESOURCE MANAGEMENT Presented by:- Shilpa S M 2 nd M.Com Presented to Miss Ramya SK Faculty member PG studies in commerce Govt.first grade college for women, Holenarasipura

2. Contents Introduction Meaning of IHRM Definition of IHRM Functions of IHRM Objective of IHRM Conclusion Bibliography

3. INTRODUCTION International human resource management can defined as a set of activities targeting human resource management at the international level. It helps to meet organisation objective and achieve competitive advantage over compititors at national and international level. IHRM include typical. Human resource function such as recruitment, selection, performance management and remuneration however there are analysed and/or managed at an international level.

4. Meaning of IHRM International human resource management means working across national boundaries to formulate and implement strategic polices and practices which can be applied to an international workplace.

5. Definition of IHRM The set of distinct activities, functions and process that directed at attracting, developing and maintaining an MNC’s. It is the aggregate of various human resource management system use to manage people in MNC both at home and overseas. - Taylor Beechler et el

6. Functions of IHRM Recruitment and selection : company employees new qualified candidates for international operations. Selection requires choosing from this pool the condidate whose qualifications most closely match the job requirements. The Labour relation : IT is the function of IHRM which describes of the role of management and workers in the workplace in many countries the government regulates labour relations practice.

7. Performance Evaluation : There is a need of performance evaluation an work of employees, promotions rewards and/or layoffs. In multinational companies, performance appraisals are usually done annually and use a standardized evaluation form. Remuneration and Benefits: a good compensation system disperses salaries to employees that are internally equivalent and competitive with in the marketplace. The International organisation must also consider the salaries of people who may transfer from other locations.

8. Training and development: It is aimed to offer sufficient training to personal in a company and enable them to to fulfill their goals as well as show better performance and growth with their work. At global level human resource development expert mast have responsibility for training and development of employees located in subsidiaries around the world.

9. To reduce the risk of International human resource To avoid cultural risk To avoid regional disparities To manage diversified human capital. OBJECTIVE of IHRM

10. CONCLUSION Enhancement of job opportunities Economic growth Improve working relationship between organization and other international countries in terms of trade etc. Skill transfer allow for development of host country employees. So. Finally we observed that every thing in business are in change according to the nature and objectives of the business.

11. Bibliography International HRM (Retrieved from -. https://www,ahri,com,air/resource/ariassist/global-mobility/international-hrm/ 23/11/2021) International human resource management (Retrieved from – https://www.slideshare,net/kanaEXIMMaksudulHuq/IHRM 23/11/2021 ) International human resource management (Retrieved from- P.Subba Rao)

12. THANKYOU FOR YOUR APPEARENCE