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Human Resource Management : A Rapid Rate Of Globalization Of The Construction Industry Across The World

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Recent years have seen a rapid rate of Globalization of the Construction industry across the world. The increased migration of laborers, highly skilled workers, technicians, engineers, architects, managers and other categorized professionals migrating to various parts of the globe has resulted in the need to have separate Management (HRM) styles, in order to increase and improve productivity, efficiency, quality of work – within specific time-frames and stipulated budgets, while simultaneously working with different sets of individuals from different professional and cultural backgrounds.
Human Resource management is the process under-taken by commercial firms, companies, enterprises and other private organizations to recruit, maintain and inspire their employees. In other words HRM is the package of policies, programs and designed plans which organizations implement in order to make full use of the people they employ, ranging from recruitment and selection methodology (which start the relationship involving the company and employees), to the set of rules that establish how people are treated while in employment, and all the way to policies on end of contract (which determine whether, and in what conditions, an employee is to be let go).
The most basic of Human Resource Management theories are the Theory-X and Theory-Y. Back then they were known, as theories of human motivation at work-place. Created and developed by Douglas McGregor at the MIT Sloan School of Management in

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