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Human Resources Management - Personnel Environment

MNC and HR Practices - Personnel Environment

   Posted On :  12.06.2018 07:10 am

Globalization of trade and business is at the peak now. India is a paradise for marketing and destination for software business.

MNC and HR Practices
 
Globalization of trade and business is at the peak now. India is a paradise for marketing and destination for software business. FDI is pouring in. Indian business houses are extending their frontiers to other countries and MNCs are eying India. Under these conditions of global perspective HRM practices have gained greater significance. Business process outsourcing (BPO) is the order of the day. The technical and management people in India seeking job in MNCs should come up to the expectations of world requirements. There are certain special features in this context.
 

Cultural Factors

 
Culture means shared beliefs, values, norms and moral by people. Organizational culture means a pervasive underlying set of beliefs, assumptions, values, shared feelings and perceptions. Indian technical people placed by MNCs in various countries should adapt to the culture and custom prevailing there.
 

Individualism

 
In simple terms, individualism means the degree of preference of individuals expected to look after themselves and their immediate families. Just reverse is collectivism. Personnel should come out of the shell and know to make collective living culture.
 

Compensation

 
The standard of living and style of living will differ. MNCs cannot differentiate pay to the same category on the ground that they are from different nationals. The perquisites should be the same to all. The company would like all their personnel to follow the same corporate culture that is in observance.
 

Labour Relations Factors

 
Labour relations or industrial relations are bound to differ between different countries. MNC having its operation in different countries should take into consideration the labour relations prevailing in that country.
 

Recruitment, Selection and Training

 
MNCs have to be critical and choosy in their selection taking into consideration its existing standard and style. Separate training programme for different nationals in employment may be needed.
 

Communication Skill

 
This aspect is important for the personnel employed in MNC placed in different countries. Special training in communication perfection may be needed. 

 

Tags : Human Resources Management - Personnel Environment
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