Emerging Trends in Global HRM

Globalization is causing businesses to rethink their human resources strategies. Organizations can now recruit employees from all around the world and subsequently are able to sell products and services across geographic and cultural boundaries. The effects of globalization on HR have initiated a number of trends in the workplace.

Globalization allows businesses to recruit and hire employees from all around the world. This is particularly attract to smaller businesses who may not have more than a few employees &  can fill their available positions with the very best talent, even if that talent doesn't live locally. The HR trend of international recruitment and hiring is focused on bringing diversity to the organization and it recognizes that employees from abroad may be able to provide unique perspectives on customer service, marketing and sales, among other areas of the business.

Similar to the trend of recruiting abroad from a diverse pool of applicants is a progressive approach to providing benefits and compensation to employees. Federal laws mandate minimum wage and basic employee benefits; however, globalization has brought new ideas to business owners and managers on how to reward their employees both as a standard policy and as a reward for hard work. For example, some U.S based businesses are now offering paternity leave, extended holiday time, work-from-home programs and flexible childcare options for their employees. These approaches to compensation allow employees to balance their work with their personal life and are aimed to increase happiness and productivity among the staff.

Social media and mobile technologies are a hot trend in HR globalization. Social and mobile tech enables HR to expand its services by more easily and rapidly communicating with employees. If the office will be closed for inclement weather, for instance, HR can send social media messages to let employees know as opposed to using a phone tree. Social and mobile tech also helps HR to increase the value of the company by providing the business with employees who are tech savvy and eager to embrace new ways of doing business

Professional development training programs have also arisen as a trend in response to global compensation approaches. Professional development is about providing employees with opportunities for growth outside the day-to-day routine of the organization. For example, HR might send employees to training seminars to sharpen their IT skills for use in global social media campaigns, or customer service personnel might be sent to language courses to enhance their ability to communicate with customers who live abroad. Such professional development programs keep employees motivated and feeling rewarded, and the new skills these employees learn are put to direct use within the company.

References:

Armstrong, M and Taylor, S. (2014)  A hand Book of Human Resource Management Practice.
Kogan Page, UK.

Dessler,G (2013) Human resource management  13th ed. Managing Global Human Resources

http://smallbusiness.chron.com/hr-trends-globalization-62045.html

 -(Accessed on 01-11-2017 at 8.30 pm)