What are the major concerns for global corporations in developing and retaining expatriate employees, especially managers?© BrainMass Inc. brainmass.com October 16, 2018, 10:57 pm ad1c9bdddf
Expatriates are employees who are sent by companies on international assignments. Expatriation management plays a vital role in the growth and development of the organization in the global market. In this paper, we will discuss the considerations taken by multinational companies for developing and retaining the expatriate managers in the organization.
Today, identification and development of leaders has become the critical success factor for the global organization for the purpose of achieving growth in the global market. There is a need for strong leaders to manage people from different cultures and places. Demand for skilled and qualified managers has increased, and in order to survive in the market, companies should recruit and retain efficient managers in the organization to overcome competition. Programs like multicultural task forces, project teams, cross cultural assignments and mentoring programs help develope potential candidates for key positions in the organization by enhancing their global leadership skills (Rioux, Bernthal & Wellins, 2000).
In the world of globalization, organizations focus on ...
The response addresses the queries posted in 694 words with references.
Poaching of Employees & Steps to Retain Key Employees
What do you believe contributes to the poaching of subsidiary employees? As an IHRM, what steps would you take to recruit and retain key employees?
Dowling, P., Festing, M. and Engle, A. (2009). International human resource management, (5th ed.). Mason, OH: South-Western Cengage Learning.
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