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IHRM

International Human Resource Management


INTRODUCTION
03-04

CHALLENGES
05-09

About to Discuss OPPORTUNITIES


10-12

CONCLUSION
13
Introduction-HRM
HRM stands for Human Resource
Management, which is the practice
of managing and developing the
human resources of an organization
to achieve its goals and objectives.
This involves activities such as
recruitment, selection, training,
performance management,
compensation, and employee
relations.

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Introduction-IHRM
IHRM stands for International
Human Resource Management,
which refers to the management of
human resources in a multinational
organization operating in different
countries, considering cultural,
legal, and organizational
differences.

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CHALLE
NGES
HRM In Different Cultures
HRM PRACTICES IN DIFFERENT CULTURES ARE
INFLUENCED BY CULTURAL VALUES, COMMUNICATION
ST YLES, LEGAL SYSTEMS, AND DIVERSIT Y AND
INCLUSION PRACTICES.

o Cultural values influence HRM practices


o Communication styles and language barriers can impact
employee relations.
o Work-life balance is highly valued in some cultures.
o Diversity and inclusion practices are important in global
HRM.

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Legal and Ethical
Consideration
Global
Human rights
standards
Ethical and legal considerations
involve upholding moral principles
and following laws and regulations
to ensure fairness, safety, and Local laws
Social
compliance in business practices. and
responsibility
regulations Legal and
ethical
consideration

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Global Talent Management
• Global Talent Management involves managing a multinational company's
workforce to achieve its goals in a global context, including talent identification,
development, and alignment of human resource practices with the business
strategy.

IHRM
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Global Compensation
Taxes
Incentive
• Global Compensation involves
managing an organization's
compensation and benefits
practices across different Salary
regions, considering local market
conditions and regulations, to
attract and retain top talent
while balancing cost control and
competitiveness.

International Compensation

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OPPORTUNI
TIES
Emerging Trends In
IHRM
• trends in International Human
Resource Management (IHRM) include
a focus on talent management,
diversity and inclusion, global
mobility, and technology adoption.
IHRM is also increasingly recognized
as a strategic function that can
contribute to the success of the
organization in the global market.

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HR Technology
• Technology such as AI, PV solar, big
data, robotics, and drones are
transforming IHRM by streamlining
HR processes, promoting
sustainability, and automating
repetitive tasks. The use of these
technologies can enable organizations
to manage their workforce more
efficiently, effectively, and in a data-
driven manner.

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CONCLUSION
International Human Resource Management
(IHRM) plays a vital role in enabling
organizations to manage their global workforce
effectively. With increasing globalization,
advances in technology, and shifting
demographics, IHRM is evolving rapidly.
Organizations that can adapt to these changes
and implement effective IHRM strategies will
be better positioned to attract and retain top
talent, improve performance, and achieve
their strategic objectives in the global market.

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thank you
By (Bharat, Chandransh, Riya, Vashnavi, Khushi, and Disha)
RICHARD BRANSON

“Business opportunities are like buses.


There's always another one coming.”

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