Dimensions of International Human Resources Management

Abstract

This study attempts to explore the dimensions of IHRM. The process of procuring, allocating and effectively utilizing human resources in international business is called IHRM. As we know the world is shrinking in all major respects. People, goods, capital and information are moving around the globe like never before. With faster communication, transportation and financial flows the barriers between the nations have disappeared and the world is becoming a borderless market. With the opening up of the economies worldwide coupled with the effects of globalization, no sector is devoid of the new challenging business environments. Firms worldwide are adapting strategy of going global, as companies are globalizing, labour markets are also globalizing. But the problem out here is that, though companies are moving quickly into newer markets they are faced with the problems of uncertainties. They need to consider a varied number of perspectives like cultural, environmental, resource capability and their human resource management etc. which can influence their survival and performance in foreign lands. This paper explores the challenges occurring in the global management of the employees, various approaches to the management and recruitment of employees in subsidiaries that the organizational has established in different countries are presented. In the light of such background this study on the Dimensions of international HRM assumes importance.

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