HRM200 Chapter Notes - Chapter 17: Balance Sheet, Economic System

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Hrm 200 chapter 17: managing human resources in a global business: explain how global movement of labour has an impact on hrm in canada. Hr is a major contributor to setting the organizational strategy, especially when it comes to globalization. In addition, special programs target expatriates who are going overseas and immigrants who have come to canada: describe the influence of inter-country differences on the workplace. Co(cid:373)pa(cid:374)ies (cid:449)ho operate o(cid:374)l(cid:455) (cid:449)ithi(cid:374) ca(cid:374)ada"s (cid:271)orders ha(cid:448)e the lu(cid:454)ur(cid:455) of deali(cid:374)g (cid:449)ith a relati(cid:448)el(cid:455) limited set of variables that influence hr policies and practices. This is not the case when a company operates in more than one country. Companies need to decide if hr policy and practices need to be modified in light of: cultural differences, economic systems, legal systems, labour cost factors. Industrial relations: explain how to improve global assignments through employee selection.

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