Wednesday, May 6, 2020

Factors Affecting Recruitment and Training in...

Explain some of the factors which may affect recruitment and training in an international business. Recruitment and training are two essential and unavoidable aspects of multinational firms. International businesses have designed their recruitment policies around either selecting Parent country nationals (PCN) also known as home country nationals; a citizen of the country where the multinational resides, host country nationals (HCN) or local people hired by a multinational or third country nationals. This essay will explain the various factors affecting organisations when recruiting as well as the training procedures adopted by business organisations †¦ According to (Hamill 1987 and Welch, 1994) factors affecting recruitment can†¦show more content†¦The political turbulence will not interest potential employees to relocate to the host country (Shen 2006). Therefore multinationals need to take this into consideration in locations like these and ensure host country nationals are well trained to carry out their jobs. Legal Factors: The legal system in the host country can also dictate the source MNEs can tap for positions. In countries like Britain where there are caps on NON EU workers, these can pose a lot of challenges for MNEs, forcing them to recruit HCN (Host Country Nationals). The caps are usually based on the scale of investment (Shen, 2006). Recently the British government capped workers coming from outside the EU (UKBA.GOV). Areas of focus recently are traders who usually come from outside the EU with their special talent to enrich MNEs pool of talents. Since the restriction came into force, Banks in the UK have been struggling to recruit highly skilled traders that their organisation’s needs. Therefore MNEs needs to take this into consideration when thinking of recruiting staff. Economic Factors: Economic factors play a vital role when MNEs are recruiting. A research by the Intl. J of human resource management noted that some MNEs adopted the polycentric staffing approach based on the fact that it costs less to employ HCN (Home countryShow MoreRelatedidentifying the internal and external factors in human resource planning1441 Words   |  6 Pagesinternal and external factors in human resource planning. In this report I will describe the internal and external factors to consider when planning the human resource requirements of an organisation. Human resource planning is looking at the current workforce skills and motivation techniques that are needed to compare with what is needed in the future. 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