ALL >> Business >> View Article
What Is Management
With human capital increasingly acknowledged as an organization’s strategic asset and competitive advantage, the HR function is increasingly under pressure to create value
for the business. This statement has been repeated so often that it has almost become clichés for the HR community. But there is more: today's businesses are also constantly operating across borders, helped by advances in technology and logistic infrastructure. For the HR practitioner, this means dealing with a growing number of employees moving across borders for periods ranging from a few days to several years.
Adding complexity to the HR function
Cross-border assignments present several additional complexities for the HR function. The modern HR practitioner should know how to handle thorny issues such as international compensation and benefits, foreign taxation, and unfamiliar labour laws, not to mention the logistics associated with moving employees, spouses and children to a foreign land and helping them to happily settle down without the risk of eroding the employee's morale and productivity.
Back to basic questions
In ...
... view of these heavy demands on the HR function, some progressive companies have taken a step back and made some fundamental decisions on how to handle that special population of employees who work outside their home country - the "expatriates", also called "international assignees".
Most companies would have some policies outlining how these assignees will be remunerated and supported during their overseas posting. But there are some big questions to be asked:
If you have a population of employees of various nationalities, originating from a large number of countries and being deployed to an equally large number of assignment locations, which HR team should write the policies?
How many policies would you need?
How do you categories the various types of assignees and assignments so as to have a small number of policies covering your whole assignee population?
Needless to say, similar questions could be asked about the processes and infrastructure required to administer those policies.
A matter of perspective?
These may seem basic questions, but answering them is not always easy. The final decision could be driven by corporate philosophy as much as by practical business needs - some organizations firmly believe that all policies and processes should be dictated and driven from global headquarters (HQ), whereas others have devolved decisions about policy design and administration to the regional HR teams, perhaps even including some location-specific exceptional cases. The fact is, reality can look quite different, depending on where you are. For example, many HR practitioners and assignees in China would swear that "blanket policies" designed in some United States HQ reflect a lack of understanding of the local environment, whilst their colleagues back at HQ would insist on global consistency and standardization.
Humancapitalonline.com - Releasing Business Strategy through People,Human Resources, what is management ,HR Best Practices,HR community, HR Articles
Add Comment
Business Articles
1. Lucintel Forecasts The Global Disposable Toothbrush Market To Grow With A Cagr Of 4.5% From 2024 To 2031Author: Lucintel LLC
2. Lucintel Forecasts The Global Disposable Razor Blade Market To Grow With A Cagr Of 5.2% From 2024 To 2031
Author: Lucintel LLC
3. Lucintel Forecasts The Global Diaper Market To Grow With A Cagr Of 7.1% From 2024 To 2031
Author: Lucintel LLC
4. Lucintel Forecasts The Global Cotton Bud Market To Grow With A Cagr Of 6.2% From 2024 To 2031
Author: Lucintel LLC
5. Commercial Cleaning Services In Dubai – A Complete Guide For Businesses
Author: Facilico
6. Lucintel Forecasts The Global Colour Cosmetic Market To Grow With A Cagr Of 3.8% From 2024 To 2031
Author: Lucintel LLC
7. How Sustainability Scoring Is Used To Compare Esg Performance Across Industries
Author: Synesgy
8. What Makes People Choose Or Reject An Employer?
Author: Akshay Sharma
9. Luxury Travel Stays: A Guide To Elevated Comfort Near Whistler
Author: James Arthur
10. Vacation Home Guide: What To Know Before Booking Your Stay Near Whistler
Author: James Arthur
11. Responsible Bulk Sms Communication In Modern Business
Author: Bulkmsg
12. How To Restore And Polish Tarnished Copper Cookware To Like-new Shine
Author: Copper Brazier
13. Lucintel Forecasts The Global Copper Pipe & Tube Market To Grow With A Cagr Of 13.1% From 2024 To 2031
Author: Lucintel LLC
14. How Credit Delete Geeks Helps Consumers Answer How Can I Fix My Credit Score Effectively
Author: Jennie Smith
15. What Does A Consultancy For Software Testing Do? A Comprehensive Guide
Author: sweta






