MODULE 10: INTERNATIONAL HRM

• INTERNATIONAL HUMAN RESOURCES MANAGEMENT => can be defined as the set of activities involved in hiring, managing performance, compensation, training and relations with employees hired to manage internal operations of a company, with a view to ensure the success of their international business and strategies.
• COUNTRY CATEGORIES INVOLVED IN IHRM:

  • Host Country
  • Home Country
  • Third-Country
• Host Country => where the subsidiary could be located or be operating.
• Home Country => where the MNC/International firm could be headquartered.
• "Third-country” => from where employees, capital and other resources like technology or logistics could be availed or procured by the organization.
• EMPLOYEE CATEGORIES INVOLVED IN IHRM:

  • Host Country Nationals (HCNs)
  • Parent Country Nationals (PCNs)
  • Third Country Nationals (TCNs)
• Host Country Nationals (HCNs) => representing the employees hired from the host country.
• Parent Country Nationals (PCNs) => representing the employees expatriated to the foreign subsidiary from the home country of the MNC.
• Third Country Nationals (TCNs) => representing the employees deployed from third/other countries other than that of the home country of the MNC.
• Expatriate — a parent country national sent on a long-term assignment to the host country operations.
• Inpatriate — a host country national or third country national assigned to the home country of the company where it is headquartered.
• Repatriate — an expatriate coming back to the home country at the end of a foreign assignment.
• STRATEGIC DEVELOPMENT OF IHRM:

  1. Establishing or Reviewing Employment Policies
  2. Recruitment
  3. Selection Process
  4. Performance Assessment
  5. Training and Development
  6. Employee Compensation