Human Resource Management And Pakistan

Consequently, ten years earlier, HRM is more likely to be a department for people who got demotion to go. Business people’s understanding of HRM was not comprehensive enough. Therefore its theory and practice were not operated in a right way. It is fortunate today that this science has got more and more attention. People begin to realise its impact on the financial performance. It is a totally new area of management practice. Time for HRM dynasty has come.

1. Gen. In the world Pakistan is a county that is facing one of the most critical conditions of terrorism. Pakistan is on an urge of war against the terrorism since more than 15 years that has been killed thousands of innocent citizens and several hundred of soldiers and law and enforcement agencies' personnel during fighting against terrorism. This irritation has not only affected the peoples of Pakistan, but it has been also very bad effects upon the economy of Pakistan. These things have made the economic situation of the state unsteady and unsecured.

The HRM policy of a firm is looked as a most important strength which needs to be taken care of all the time to have a competitive advantage within the industry they operating in. Multinational corporations (MNCs) seek to transfer their home-country human resource management (HRM) practices to their overseas subsidiary as to them it is just another approach towards globalisation. It can be an element of success for MNCs if they manage to transfer these HRM practices across their subsidiaries in an effective manner. An effective transition of these policies depends on the organisational, cultural, social and relational factors (Bartlett & Ghoshal 1998; Evans, Pucik & Barsoux 2002; Poedenphant 2002). The transition of these policies

Rapid changes in governments, people’s non-trust towards the government and number of Martial Laws and declaration of Emergencies in Pakistan has made this country to be a high risk country for foreign investment. Examples of political factors are changes in government, changes in govt. policies, corruption, type of government, regulations, trade restrictions, tax policies, tariffs etc.

It’s been more than 68 years of so called independence but yet we are not free. Although we were assigned with a new territory and a new title yet we haven’t stood up on our own. Pakistan is enormously confined within a foreign group of countries. And they manipulate us as they want and we are bound to follow them. A country prospers only when the basic requirements, food, clothes and shelter, are rendered to its citizens. But to do so, first we have to liberate our homeland from foreign affairs. There are a number of factors that are responsible for the downfall of Pakistan. Let’s have a look on 10 primary reasons behind the downfall of Pakistan:

Pakistan is afflicted with many economic problems such as unemployment, inflation but at the heart of it all lies the biggest problem which is incompetent management and unequal distribution of resources. Hence, for Pakistan, globalization is a boon.

As time passed, conditions in Pakistan worsened. Terrorists bombed mosques and churches, they threatened people to the point where every child was scared to leave his/her house . Robbery, corruption, strikes, revolts, and fights were everywhere.

Human resource management functions in multinational companies are incredibly complicated by the need to adapt policies and procedures related to personnel, to differences between the countries, which is one of the branches. In particular, the countries cultural differences, differences in economic development and legal systems may require an international company adaptation programs of hiring, firing, training and remuneration for

Pakistan, a country with the GDP growth rate of close to 5.3%2 is a failing economy is

Erratic electricity and gas supplies in Pakistan, as well as by high energy prices, shifting policies and poor security conditions have brought a few difficulties to the organization.

HRM itself can be subdivided into three domains: Micro HRM, Strategic HRM, and International HRM (Boxall et al., 2007b). Micro HRM is concerned with practices within the sub‐functions of HRM, drawing on long traditions of studies on such aspects as selection, appraisal, and pay. Strategic HRM and International HRM are both more systemic or macro in their outlook. Strategic HRM is concerned with how HR practices cluster into HR systems, and with the relationships between HR strategy and the organization 's internal and external contexts and its performance outcomes. International HRM focuses on HRM in companies operating across national boundaries and shows a particular concern with the interplay between

For the past three decades, privatizing some Human Resource functions or the whole HR department in the public sector became prominent, as Public Human Resource Management (PHRM) was

Foundation of state lies on the social justice. In a state like Pakistan social injustice is very common because the system has failed to do justice with people and different departments. Poor people are being punished but feudal and landlords are not. Punishments are given according to the status, rich are being saved contrary to the poor.

Coming back to the IMF report findings, it says, to regain macroeconomic stability, Pakistan needs to expand its economy 5-7% per annum over the next 5 years period, create adequate number of jobs, improve income distribution and liberalize the economy, and set gear for transparent privatization. The IMF needs to understand that the epicenter of Pakistan’s problem is the political economy of the country than the economy itself. The two core issues that needed to be addressed immediately are; improvement in security situation and the economic governance.

Pakistan has grown much more than other low-income countries, but has failed to achieve social progress commensurate with its economic growth. The educated and well-off urban population