When global companies recruit new employees for their overseas operations, what are the different options for...

Question

Question

When global companies recruit new employees for their overseas operations, what are the different options for...

When global companies recruit new employees for their overseas operations, what are the different options for staffing policies available to them? Which option do you think works best and why?

science Earth-Sciences

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Some of the different options available for global companies to recruit for staffing policies are as follows:

They choose the region which provides low-cost labor
They also prefer skill labor rather than unskill
They choose the market-friendly government and the stability in the region
Most importantly, they prefer the new employees who are good at multitasking
they also prefer the language of the new employees who can easily cope with the business and other operations and many more.

The best option is the low-cost labor which directly increases the profit of the global companies that's why the global companies are moving towards developing countries rather than developed countries to lessen their labor costs and to gain high profits.

Add a comment

Answer 2

Similar Homework Help Questions

When global companies recruit new employees for their overseas operations, what are the different options for...

When global companies recruit new employees for their overseas operations, what are the different options for staffing policies available to them? Which option do you think works best and why? NI
International business environment

When global companies recruit new employees for their overseas operations, what are the different options for staffing policies available to them? Which option do you think works best and why? write minimum 600 words.
Many Japanese companies use ethnocentric staffing policies in international operations despite the difficulties that this policy...

Many Japanese companies use ethnocentric staffing policies in international operations despite the difficulties that this policy can cause companies 16-1. Why do you think Japanese companies prefer to have Japanese in top management positions? 16-2. If you were working as a consultant for a Japanese company, would you recommend that it change this policy? Explain. Culture shock is the psychological difficulties experienced when living in an unfamiliar culture and is characterized by homesickness, irritability, confusion, aggravation, and depression. 16-1. Why...

In chapter 8 of the text you learned about different ways organizations go about training new...

In chapter 8 of the text you learned about different ways organizations go about training new and existing employees. Chapter 9 discusses several different techniques for appraising employee performance. Then in chapter 10, the text discusses career path options and how to retain good employees, and how to properly dismiss employees that are not a good fit for the organization. Conduct research on companies that have been found to have best practices when it comes to the topics in chapters...
Companies that are still in their infancy can lack structure and organization. As the organization grows,...

Companies that are still in their infancy can lack structure and organization. As the organization grows, it is important for the company to keep up with implementing new policies and procedures to ensure employees know what they should and should not do. As the leader of this type of new organization, how would you ensure that this is new policies and procedures are being put into place? Whose responsibility would it be to create updated policies for new situations? Please...
: Different costing methods provide companies with different options for categorizing and calculating costs. Managers and...

: Different costing methods provide companies with different options for categorizing and calculating costs. Managers and cost accountants should understand the differences between costing methods so that they can choose and properly implement the method that best suits their needs for decision making. For this short paper, you will compare the characteristics of job costing and process costing methods and give examples of when and why each might be used. You will also address the use and benefits of costing...

15. Which of the following is true for effectively training local labor in overseas subsidiaries? a....

15. Which of the following is true for effectively training local labor in overseas subsidiaries? a. The trainer must speak several languages fluently b. A supervisor of one ethnicity should be trained to oversee the work of another ethnic group c. Non-written training material is most effective when illiteracy prevails d. None of the above. 16. All of the following are difficulties experienced upon repatriation, EXCEPT a. Promotion opportunities have been missed during the expatriate’s absence b. No suitable position...
Global Internet company is looking to expand their operations. They are evaluating their cost of capital...

Global Internet company is looking to expand their operations. They are evaluating their cost of capital based on various financing options. Investment bankers informed them that they can issue new debt in the form of bonds at a cost of 8%, and issue new preferred stocks for the price of $25 per share paying $2.5 dividends per share. Their common stock is currently selling for $20 per share and will pay a dividend of $1.5 per share next year. They...
Here's what we know: -companies have lost loyalty from employees due to the quest to cut...

Here's what we know: -companies have lost loyalty from employees due to the quest to cut costs which has resulted in layoffs as well as hours and benefits being cut. This has resulted in employees leaving an employer for a better paying job elsewhere. -Companies engage pay freezes while paying big money to fill 'key' positions. -28% of Americans get no paid vacation and another 24% get a week or less paid vacation. -51% of people leave their job voluntarily...

Projects are also often embedded with different options that can help making decisions under uncertainty. There...

Projects are also often embedded with different options that can help making decisions under uncertainty. There are techniques used to evaluate these embedded options which are called real options. The models used to value these options are based on the type of the real option available for the project. True or False: A real option embedded in a capital project gives the investing firm the right and the obligation to buy, sell, or transfer an asset at a set price...

When global companies recruit new employees for their overseas operations, what are the different options for...

Homework Answers

Add Answer to:
When global companies recruit new employees for their overseas operations, what are the different options for...

Post as a guest

Earn Coins