Major global disruptions continue to rock the world of international HR, forcing organisations and HR experts alike to respond and rethink all HR elements. Manchester Metropolitan University’s Master’s in International HRM can help
Here we explore three major challenges of international HRM in 2022.
Businesses worldwide are grappling with the global staff shortage with millions of vacancies left unfilled despite high unemployment levels. Although reasons for the shortage vary between geographies, many cite the changing expectations of would-be employees following the pandemic, along with country-specific policy changes.
In the UK for example, resourcing teams are feeling the effects of Brexit as fewer overseas workers are willing or able to travel to Britain following the new immigration rules.
Failed expatriate assignments
According to a recent survey, 31 per cent of multinationals plan to send staff on international assignments in 2022. While this investment can deliver huge benefits for businesses taking advantage of the global economy, it also comes with significant risk as expatriate failure rates remain as high as 50 per cent.
Improved management of assignments is required – from the recruitment stage to performance management and repatriation.
Digital platforms are being used to automate daily processes and analyse data to improve strategic decision-making. And while there are numerous benefits, digital HRM also poses several challenges to HR departments.
Perhaps most obviously, increased automation raises the likelihood of job losses for those in administrative roles.
Businesses are also increasingly struggling to find people with the relevant expertise to interpret this data and scrutinise it through varying cultural lenses for accurate reporting.
Take on the challenges of international HRM
Manchester Metropolitan University’s online International Human Resource Management Master’s has been designed to arm HR professionals with the knowledge necessary to navigate the contemporary challenges of international HRM and manage a global workforce. Visit the course page for more information.