IHRM------read the requirement i send you carefully Essay

IHRM------read the requirement i send you carefully - Essay Example It allows the smooth interaction between the managers and employees who are being transferred to the regional and subsidiaries headquarters. It also helps the company to move from the pure ethnocentric approach to the polycentric and geocentric approach. It also provides federalism at regional levels than the country level and restricts the company to a global basis. One of the major disadvantages of this policy is that sometimes the employees from the other countries are selected instead of home countries which lead to cultural differences. The career graph of the employees is limited to the regional headquarters and not to the parent headquarters. Ethnocentric: It is a hiring and staffing policy that is used in companies for strategic orientation purpose. In this policy the employees are chosen by the top management sitting in headquarters to move from their home to host countries. This approach is also used in certain managerial situations like when the company opens up its new br anch in a new location it sends some of its senior managers in setting up the business. The strategic decisions are made in the headquarters with limited subsidiary autonomy. The important designation are allocated in the foreign and domestic operations which are decided by the headquarter personnel. The top management also helps in managing the operations and functions of the subsidiary plant. ... Geocentric: This is regarded as a global approach with worldwide integration and each department of the company makes a unique contribution. This is because the company accepts the worldwide marketing approach and the operations of the subsidiaries become global. The manufacturing and processing facilities are integrated to serve the regional and national markets. In this approach the companies adopt transnational orientation. As per this orientation the top management sends it best employee to the subsidiary plant. This strategy is applicable where the best employees are selected and sent to the various branches of the company worldwide. Comparison of Domestic & International Human Resource Management In terms of similarity, both domestic and international human resource activities help in the effective cultural settings, relocation, and hiring, staffing and planning policies. These management practices help the employee and employer equally to maintain functionality within the orga nization and seek aid from the developed employment policies (Bernardin, 2007). The domestic and international human resource policies help in maintaining uniformity and harmonizing the entire organizational systems (Bose, 2004). However, Human Resource (HR) policies of different organizations vary due to the legislative, administrative policies and court decisions but all together they contribute to the effective design of the organizational structure (Brookins, 2009). These include taxation, orientation and relocation. They also encompass administrative services which cater to the expatriates, inter government relations and also taxation services. When an employee working in a branch of certain company is transferred to