International Human Resource Management ( Eassy ) Essay

1360 Words Jun 28th, 2015 6 Pages
International Human Resource Management (IHRM), ‘as concerned with the human resource problems of multinational firms in foreign subsidiaries (such as expatriate management) or more broadly, with the unfolding HRM issues that are associated with the various stages of the internationalism process.’ (Boxhall, P. 1992).
In every multinational organisation, HRM is one of the most important departments which lays the main foundation to the firms by its employees. It benefits the organisations but problems do arise in some or the other way. This paper talks about the current issues that arise in the daily activities of the business which is being faced by the organisations which deals with cultural differences and create problems for the managers to make decisions of an Australian based mining company. In the report, issues such as culture and training, communication, managerial style, motivation, recruitment and selection, HR planning, reward and retention and theories will be analysed to solve the case. There will be different kind of strategies to solve the problems which is being faced by the Australian company like training, new reward retentions, effective communication, proper decision making and attractive intensives.
In all these MNCs or MNEs, HRM is a key to success. For the vast majority of organisations, the cost of people who do the work is the largest single item operating costs. Increasingly, in the modern world, the capabilities and the knowledge incorporated in…

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