Basic human resource management functions in international business
Basic human resource management functions in international business are as follows:
- Recruiting and onboarding: Recruiting and onboarding the newly hired employees are significant tasks for international human resource management. Human resource management plays a substantial role in attracting, hiring, and retaining an adequately skilled workforce through various rewards and remuneration policies.
- On-job training: International human resource management ensures on-job training to the newly hired employees. On-job training is provided to the international workforce to create a secure and skillful workforce.
- Rewards and remuneration: Ensuring rewards and remuneration policies to the global staff is an essential task for human resource management. Rewards and compensation should be provided according to the skill, performance, and experience of employees in an unbiased manner.
- Confirming legal compliance: International human resource management plays a pivotal role in establishing legal accordance with labor and tax legislation to ensure the endurance of the organizational, legal standard.