What are the differences between international and comparative human resource management? A Case Study
Key Learning Outcomes
By the end of the case, students should be able to:
- Understand the meaning of international human resource management and comparative human resource management
- Discuss differences between international and comparative human resource management
- Apply examples to demonstrate the difference between international and comparative human resource management
1.0 INTRODUCTION
Currently, the global economy has greatly been integrated internationally as a result of globalization. Several business are growing their markets internationally so as to increase their presence and later their productivity with the first stage they experience being the revolutionary stage. There is no doubt that for an organization to be successful and have an effective competitive advantage, it ought to employ effective human resource management. This assignment is going to answer the key questions regarding this topic such as; what is meant by international HRM? Why is international and comparative HRM important? What is comparative human resource management? Among so many other concepts underlying these concepts of HRM.
International Human Resource Management refers to HRM issues, functions, policies, and practices resulting from the strategic activities of Multinational Enterprises. It may also be defined as the Human Resource practices and activities involved in the management of a global workforce.
It encompasses all Human Resource practices involved in managing a global workforce. IHRM comprises similar elements as domestic human resources but the difference here is that the latter is more complex in terms of management because of the diversity of national environments. In essence, international human resource management is mandated to ensure that an organization gains success in its global ventures. IHRM is concerned with four major activities namely; recruitment and selection, training and development, compensation, and repatriation of expatriates.
On the other hand, Comparative Human Resource Management refers to an efficient technique of investigation aiming to expound on the arrangements and differences faced in cross-national HRM. It largely deals with the management of Human Resource practices across countries.