The Impact of Globalization on Hrm

Better Essays
The Impact of Globalization on Human Resource Management Globalization refers to the interconnection among countries, politically, economically and culturally. Globalization has come into existence due to the following factors: (i) betterment in transportation and communication, (ii) human and capital mobility, (iii) increasing formation and existence of NGOs and multinational corporations. Betterment and improved technology in transportation and communication across the globe has significantly reduced great distances and shrunk the world. In old times when people used to ride on camels or cover distances on foot, today, crossing the Pacific is just a matter of some hours and you’re on the other side of the world! Planes, trains, cars…show more content…
The HR department must also ensure that problems pertaining to the employees are not escalated at higher levels within the organization. This is how the effectiveness and efficiency of the department is judged in every organization. The work of an HR department and the process of globalization can result in adverse affects for each other. However, there are plus points too. We will look at both sides for a better conclusion and understanding of the impact of globalization. An HR department practices the following tasks: * Planning the workforce: it is very important to analyze how many individuals are required in an organization; what will the pay scale be (depending on the nature of the work); what will the reporting line be; what are the job requirements; on what basis will each individual be judged etc. All this needs to be planned before the hiring process begins. * Recruitment: here lies the key role of an HR department. Thousands of people send in their cvs for any job and HR is responsible for shortlisting candidates. * Induction, orientation and on boarding: interviewing and finally selecting the right people for the right job at the right pay! HR is also responsible for providing the right training for the candidates selected. * Skills management: HR must identify the skills and abilities of each candidate and train them accordingly. HR must also identify the strengths and weaknesses in each employee and work on ways
Get Access