37:533:315 Lecture Notes - Lecture 8: Human Capital Flight, Workforce Planning, Insourcing
Document Summary
Potential employees (the labor market) from which a firm attracts and hires its work force staffing decision. Successful organizations of the future will be those that can attract the best global talent and nurture, develop, and retain it. Within the eu, allows labor mobility, thus allowing mnes to recruit the best talent throughout the eu membership. Brain drain: educated and skilled citizens leave for jobs with better pay in the developed world international staffing approaches: Tendency to hire from the hq country and send employees on international assignment to the subsidiaries polycentric staffing. Preference to use locals from the subsidiary country geocentric staffing. Source talent from anywhere in the world regiocentric staffing. Favor using people from the religion types of international employees. Employees of the mne who are citizens of the country where the mne"s corporate headquarter is located host country nationals (hcns)