question archive What are some global conditions that would impact human resource management practices with an organization?

What are some global conditions that would impact human resource management practices with an organization?

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What are some global conditions that would impact human resource management practices with an organization?

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Various global conditions impact resource management practices with an organization such as:

  • Changing trend in the global market will influence human resource management as an organization try to hire dynamic employees and to have updated skills.
  • Various MNCs provide a good benefit or compensation package to their employees, which makes the pressure to the domestic organization as employees want compensation; otherwise, they will go for alter jobs in the market.
  • Changing global condition also needs training and development of the employees according to the scenario, which makes the company up-to-date in the market, and such training programs increase the cost for a company, and so on.