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Globalization and Human Resource Management

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figure-1 Introduction The concept of Globalization has deep historical roots. According to the World Economic Forum, Globalization begins with the Silk Way across China, Central Asia, and Africa. However, the Modern Era of Globalization began in the 19th century. Global Trade has increased with the Transportation of railways steamships and telegraph communication. Globalization in HRM  Globalization has a huge impact on Human Resource Management these days. Globalization has transformed HRM into a more complex and dynamic function.  1. Talent Acquisition and Diversity Talent Acquisition and Diversity play a main role in HRM where the context is in Globalization, seeking to thrive in the diverse and interconnected world of Globalization.HRM practices should focus on talent acquisition considering the importance of recruiting individuals with diverse skills, backgrounds, and experiences. 2. Cross-Cultural Competence As business expands globally, Human Resource Managers must navi...

Compliance with Laws and Regulations in HRM

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                                                                                                                  figure-1 Today, Organizations are required to comply with variety Laws and Regulations. Compliance with Laws and Regulations in Human Resources Management means ensuring an organization's  policies and actions adhere to labor Laws in the Country which is  essential for the smooth running of the Organization. Main Human Resources Laws:  There are basic HR laws that govern wages, pensions, and benefits .   There  are  occupational safety and health regulations  that impact working conditions. There are ...

HUMAN RESOURCES AND CHANGE MANAGEMENT

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  "CHANGE MANAGEMENT IN AN ORGANIZATION IS LIKE CHANGING A TYRE WHILE DRIVING!"                                                                                                                                                                                                                                                                      ...