2. WHAT IS IHRM?
• IHRM is concerned with HRM issues that cross national
boundaries or are conducted in locations other than the home
country headquarters.
• IHRM is concerned with the relationships between the HRM
activities of organisations and the foreign environments in
which the organisations operate.
• IHRM includes comparative HRM studies; e.g. differences in
how companies in Japan, Thailand, Austria and Switzerland
plan for upgrading of employee skills and so oN
3. • What are the reasons that encouraged global organizations
to develop international HR strategies?
Global competition and differences in
organizational environment across nations.
10. Compliance with International Laws
As business begin to expand into the global marketplace they
hire employees from diverse geographic and cultural
backgrounds, they may have to adapt to new labor laws and
tax liabilities.
Cultural Diversity
A silent issue in international HR is understanding and
maintaining cultural diversity.
11. Benefits and Compensation
Benefits and compensation are the backbone of any HR strategy,
but in international HR, benefits and compensation are even more
important in focusing on the work-life balance of employees.
Training and Development
Related to the idea of benefits and compensation in
international HR are training and professional development
programs.
12. Values
• To encourage behaviours from organization members that
encourage the achievement of organizational goals and its
mission
• Essential for the HRM professionals to provide transparency
to the services offered by the company and create awareness
among the workers about it.
• An open and honest environment should be created within a
company to facilitate mutual cooperation
14. Some Core Value Statements
• L.L.Bean: Sell good merchandise at a reasonable profit,
treat your customers like human beings, and they will
always come back for more
• Wegmans Food Markets: Caring, High Standards, Making
a Difference, Respect, and Empowerment
• Bright Horizons Family Solutions: The HEART Principles:
Honesty, Excellence, Accountability, Respect, Teamwork