Globalization in Human Resource

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Globalization in Human Resource 



Globalization creates the world as one village and its call as “Global Village”. Globalization is a long-standing concept in the world, for an example a few centuries back Silk road across the Asian countries and connected China and Europe. Globalization is a process of linking People across the world, Culture, Religion, Technology, Economy etc.

Development of Technology created a path for expanding the economy globally (Levitt, 1999). Globalization playing a big role in economic growth. Globalization involves and influences people to International trade investments, Import and export products and services around the world. The current trend of globalization directly affects each and every human and enterprises in the world because many countries adopted a free-market economic system for an example “Unilever” enhanced their business all over the world. It is very important for an organization to have business spread all over the world for organizational growth low cost in dealing with own offices.


How globalization involves in HR


When planning in locating new branches internationally, it requires globalization in human resource management to update their methods up to international standards. It requires few senior management and experienced staff to relocate to handle their day to day work.

The challenging task will be for HRM when globalization it requires to understand the cultural differences in and outside the workplace, how they manage things related to a work environment, how they behave to a situation and by compliance with legal authorities for labour law (Natter, 2018).

Globalization opens a chance to outsource employees globally and it creates job opportunities. Recently Knowledge sharing jobs became more popular in the market globalization allows employees to work in different locations at the same time.

The recruiting process in the globalized organization, HRM will have additional expenses such as visa, insurance, Flight tickets, Medical cost etc. Therefore, they have to take these things into consideration while recruiting local employees in foreign countries. Moreover, Employers will have challenges in long-distance communication for gathering information from employees.


Reference

Levitt, T., 1999. The Globalization of Markets. In: R. C. R.Z. Aliber, ed. Reading in International Business - A Decision Approch. London: Massaschusetts Institute of Technology, p. 249.

Natter, E., 2018. Human Resources» Human Resource Plans» Effects of Globalization on Human Resources Management. [Online]
Available at: https://smallbusiness.chron.com/effects-globalization-human-resources-management-61611.html
[Accessed 01 06 2019].

Kim, S. and Briscoe, D.R., 1997. Globalization and a new human resource policy in Korea: Transformation to a performance-based HRM. Employee relations, 19(4), pp.298-308.

Friedman, B.A., 2007. Globalization implications for human resource management roles. Employee Responsibilities and Rights Journal, 19(3), pp.157-171.


Comments

  1. SudarshanaJune 8, 2019 at 7:17 AM

    Nice piece of write up about implication of Globalization on HRM practices.

    ReplyDelete
    Replies
    1. Chayathri PereraJune 11, 2019 at 5:27 AM

      Thank you, Sudarshana for your comment. Globalization allows us to address worldwide opportunities.

      Delete

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