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Global HR Management in 2011

Globalization has ushered in an era where the workforce has to be catered to in a rather global manner! This means that every global enterprise needs to be sensitive to the cultural and diverse workforce that they employ in different parts of the world. And this is exactly what global human resource management (HRM) refers to. Basically global HRM helps out global enterprises in creating local awareness and sensitivity when it concerns their hiring activities. It also offers training to managers of such enterprises to help them understand the local culture of their host country. Therefore global HR management plays a very important role as far as managing a global workforce is concerned. According to a Forrester research article titled “Trends 2011: HRM Processes And Applications Move Ahead Despite Mixed Employment Outlook,” written by Paul D. Hamerman, in 2011 there will be “significant movement in transforming key processes, including performance management, as well as adoption of mobile and social technologies for processes such as recruiting, workforce management, and learning. SaaS will continue to grow as the default deployment model for best-of-breed HRM process solutions, while also gaining more traction in core HR systems.” This definitely bodes well for the growth of global HR management. But it also means that global enterprises will be looking at newer technologies to cater to different workforce processes. The year will also see multi-national companies demanding enhanced HRM policies that work in tandem and are tailor-made to suit their specific industry requirements. The demand of such HR service providers to offer enhanced employee benefits consulting will also be on the rise. This year global enterprises will evince an interest in opting for such HR management solutions that can help promote their corporate culture effectively in other host countries as well. The onus of preparing a consistent hiring and HR policy will also remain with the HR management solutions provider. The policy should reflect the modern nature of the global enterprise, and this will also gain prominence among the needs of global enterprises when they go shopping for an optimized HR management solutions provider. Global enterprises are always on the lookout for HR management solutions that can help them support, evaluate, develop and remunerate their workforce. This requires the solutions to be intuitive and to be offered as a seamless and unified solution. And this year will be no different as Global HR management requirements of such enterprises will be focused on getting solutions that can optimally offer the best payroll and benefits management, health and wellness management, compliance and tax filling, performance management and succession planning. Know more about - tax compliance services and human resource compliance here.


Global HR Management in 2011