The HRM Function of Multinational Companies - Term Paper Example

multinational companies are considered as a pioneer in developing the latest HR system which can benefit the organization.... The quality of the human resource management function can also be analyzed by looking at the level of positions which are often available within the organization.... This paper "Alignment of hrm with Business Strategies" focuses on one of the most important functional units of an organization....

Britain should learn from the OECD nations which have reduced their income tax rates to stimulate their economic growth.... However, by… increasing the income tax rates to 50%, UK has lost its competitive position as being a low-tax regime.... hen Margaret Thatcher came to power in 1979, she reduced the income tax rates from whooping 83% to 60%....

In case of multinational companies a brand new concept has been outlined by HRM known as organizational culture.... Assessment is an hrm function and it deals with analyzing employee performance.... Firstly training and development is a function that deals with training new recruits or existing employees so as to impart necessary skills and knowledge.... Appraisal is another function which can be associated with job performance....

multinational companies are considered as a pioneer of developing the latest HR system which can benefit the organization.... nbsp; The quality of human resource management function can also be analyzed by looking at the level of positions which are often available within the organization.... This quality can only be developed when human resource manager is given an active role in the growth The paper "Aruba Marriot - Company Practicing an Innovative Approach to hrm" is a brilliant example of a case study on business....