BU354 Chapter Notes - Chapter 17: Capitalism, Macromedia Homesite, Recognition Of Prior Learning
Document Summary
Workforce mobility focus on managing the recruitment, relocation, and retention of employees who complete work-related tasks and activities outside of the core or primary head office or region of the company. This actually has a strategic impact on profits you don"t want to leave employees confused, aggravated, frustrated, or disengaged. Global companies need to relocate people called expatriates (employees who are citizens of the country where the parent company is based who are sent to work in another company) 1 in 5 people in canada are immigrants. When you"re operating on a global scale you need to deal with economic, cultural, and legal variables. Intercountry differences that demand adaptation: cultural factors. Understand the different cultural values in each society i. e. power inequality, individualism/collectivism. Hr implications need to adapt hr practices (training & pay plans) to local cultural norms, should include host-country citizens, high degree of sensitivity by expatriates working there: economic systems. Differences in these cause differences in hr practices: