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IHPR 5025 International HRM Practice

tag 0 Download 10 Pages / 2,366 Words tag 20-07-2021

Question:

It is argued that Multinational Enterprises must develop distinct capabilities if they are to gain competitive edge.

These capabilities may be delivered through a range of effective International Human Resource Management strategies such as:

  • Staffing (recruitment and selection) strategies to deliver appropriate reporting structures
  • Managing an international and culturally diverse workforce
  • Talent Management
  • Reward and compensation systems

This assignment requires students to conduct research and analysis into any one of the following multinational corporations in order to discuss Task-1 and Task-2:

  • Jet Airways
  • Honda

Introduce the topic by providing an overview of the chosen MNC and briefly outline the ways in which they have expanded the business globally.

Task 1

Cross cultural training should be provided by MNC’s including general knowledge about the country and essential tips on behaviour and sensitive issues.

  1. Prepare a short report to create ‘cultural awareness’ for future expatriates on any country of your choice.
  2. Evaluate the measures adopted by your chosen MNC to prepare & train expatriates for their new overseas assignments in any two countries of your choice.

Task-2

The reward and compensation systems in MNC’s should effectively balance the needs and desires of host country nationals (HCNs), parent country nationals (PCNs) and third country nationals (TCNs).

MNC’s adopt different types of pay systems like Going rate approach, Balance sheet approach and Local Plus approach to fit into local laws and global policies.

  1. Identify and discuss the complexities involved in the designing of a reward package for an expatriate employee.
  2. Identify and evaluate the reward and compensation practices offered by your chosen MNC in any two countries of your choice.

Conclude your report with overall findings arising from Task-1 and Task 2 and make any relevant recommendations that would improve their practice

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[Accessed 27 January 2023].

My Assignment Help. 'IHPR 5025 International HRM Practice' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/ihpr5025-international-hrm-practice/analysis-of-jet-airways.html> accessed 27 January 2023.

My Assignment Help. IHPR 5025 International HRM Practice [Internet]. My Assignment Help. 2021 [cited 27 January 2023]. Available from: https://myassignmenthelp.com/free-samples/ihpr5025-international-hrm-practice/analysis-of-jet-airways.html.


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