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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