MANA 466 Chapter Notes - Chapter 11: Experiential Learning, Performance Appraisal, Human Capital
30 Jan 2017
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Human resource management (hrm): d eals w/ entire relations hip of e e w/ org. A ll about attracting, developing & retaining human capital (at t r ac t , t r ain, H r m mandate is help mnc gain & sustain competitive adv. through its people. C ompens ation (entire rewards package: financial, benefits & job s ecurity) L abor r elations (e e & e r repres ented by labor org. ) All hrm functions modifies to cultural/int"l setting. A dded complexities compared to domes tic hr m. Home country nationals: expatriate ee from parent"s home country. Third country nationals: l ocal workers who come from & work in hos t. C ultural, ethical, legal, political & economic differences . country where unit is located. Inpatriates: e e from foreign countries who work in the country where the parent company is located. Flexpatriates: e e s ent on frequent but s hort-term int"l assignments (popular now).
