Recruitment, Training, and Compensation Use the Internet to research an MNE. Gather basic...

Question

Recruitment, Training, and Compensation Use the Internet to research an MNE. Gather basic information about the enterprise as well as specifics about their international business strategy. Be sure to select a different MNE than you did for the first writing assignment. Write a 6 page paper in which you:

Provide a brief description of the enterprise (e.g., their industry, size, location, number of employees).

Outline a recruiting and selection strategy for your selected MNE that could be used to effectively meet organizational requirements for operating in multiple countries.

Outline a training and development strategy for your selected MNE that could be used to effectively meet organizational requirements for operating in multiple countries.

Outline a compensation strategy for your selected MNE that could be used to effectively meet organizational requirements for operating in multiple countries.

Your assignment must:

Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. .

Include a cover page containing the tile of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Analyze recruiting and selection strategies that can be used to effectively meet organizational requirements for operating in multiple countries.

Examine training programs to improve performance throughout a multinational corporation and address the considerations for effective learning in a diverse workforce of expatriates, host country nationals, and third country nationals.

Examine compensation strategies to support international operations and balance global operational efficiencies with responsiveness to local labor conditions.

Use technology and information resources to research issues in global HRM.

Write clearly and concisely about global HRM issues using proper writing mechanics.

David · Accepted Answer

International Human Resources Management
student‟s name 
professor‟s name
course title 
date
Introduction 
Human Resource Management is a set activity within an organisation that aims at 
managing and directing people in an organisation in an effective and structured manner towards 
achieving the organisation goals. Human resource management focuses on the functions like 
recruitment, selection, training and development, performance appraisal, compensation, 
promotions, resignations (Braton & Gold, 2001). Globalisation is the „widening, deepening and 
speeding up of worldwide interconnectedness in all aspect of contemporary social life, from the 
cultural to the criminal, the financial to the spiritual‟. (Douglas & Craig, 1995) Many authors 
have defined globalisation in many different ways, but the most acknowledged concept of 
globalisation is that the economic integration increases due to greater free flow of ideas, easier 
travelling and transportation, investment opportunities of capital. This in turn propels increased 
trade and investment. Nations are gradually moving towards forming a borderless world. Thomas 
Friedman calls Globalisation the “Flattening of our world”.  
With globalisation, international human resource management has gained significance. 
International human resource management is the set of activities that focuses on managing 
human resources of an organisation at an international level to achieve the organisational goals 
and gain competitive advantage over competitors nationally and internationally.  It involves all 
the human resource management functions done at international level and includes home country 
employees, host country employees and third country employees (Armstrong, 2006). The 
assignment outlines recruitment and selection strategy, training and development strategy and 
compensation strategy that can be used to effectively meet organizational requirements for 
operating in multiple countries.  
Brief description of the enterprise 
Ray Kroc was the founder of the fast food chain called McDonalds. It is into developing, 
operating, franchising and servicing a worldwide system of restaurants that is into preparing, 
assembling, packaging and selling a limited menu of value-priced foods.  The company primarily 
is in the quick-service hamburger restaurant business. It is headquartered in the United States, the 
company began its operation in 1940 (Official website of McDonalds, n.d.).  It is the world's 
largest chain of hamburger fast food restaurants having high brand recognition worldwide, 
steady growth in global markets, and strong leadership. It operates in 119 countries through 
34,000 restaurants worldwide and employing more than 1.7 million people (Official website of 
McDonalds, n.d.). The business is divided geography-wise as US, Europe, Asia/Pacific, Middle 
East and Africa (APMEA), Other Countries & Corporate (OCC) including Canada, Latin 
America and Corporate. Either the restaurants are operated directly by the company or in the 
franchise arrangements or joint venture between the local business people and the company. 
McDonalds is listed in the New York Stock Exchange.  
Recruiting and selection strategy  
 Accurate employee selection is an extremely important aspect of human resource 
management of an organisation.

Recruitment, Training, and Compensation Use the Internet to research an MNE. Gather basic information about the enterprise as well as specifics about their international business strategy. Be sure to...

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