We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Comparing Human Resource Management in Multinational and Local Companies in Hong Kong - Essay Example

Comments (0) Cite this document
The findings are divided into four main parts: how preference and pay rise is managed; the amount of holidays; training programs; and general benefits. All findings and discussions are based on the interview and information from the literature review. The results are going to be compared and investigated in terms of why these companies chose to apply these decisions in the management of their HR policies…
Download full paperFile format: .doc, available for editing
Polish This Essay91.7% of users find it useful
Comparing Human Resource Management in Multinational and Local Companies in Hong Kong
Read TextPreview

Extract of sample
"Comparing Human Resource Management in Multinational and Local Companies in Hong Kong"

Download file to see previous pages Moreover, there is a clear difference in how it is executed. All employees from the American company were divided into different groups, and in order to ensure efficient management of the employees, a manager was assigned to each group. The company also had a data base where each individual's sales performance and feedback from customers was encoded and saved. In these instances, in terms of employee performance, employees within the group were also allowed to put in their opinion of their colleagues. Using numerical totals from the database, an evaluation on how each person has been performing could easily be established. Moreover, the interesting part of this database is on how customers’ feedback was also accounted for in the overall evaluation of the employees. The fact that the employees formed groups to monitor one another was very much in keeping with the findings of Bjorkman (2003) on Chinese companies’ putting greater emphasis on team work. The Swiss company also showed traces of an Appraisal system in place. They also went through a performance evaluation process for their employees. They mostly divided their staff into two groups: first, the lower level staff which were general operational staff, and second, the other staff which were usually higher level employees. The lower level staff usually underwent a two-way communication process using the Preference Evaluation (PE) form. Employees would then set objectives at the beginning of the year, with fulfillment of the objectives monitored throughout the year. By the end of the year, their managers usually evaluated the individuals by assessing whether or not they have achieved their objectives. A performance rating also followed the assessment. Among higher level staff, they also underwent a similar evaluation process, however, the review was called performance cycle, and was usually done through an online tool. These individuals also set objectives at the beginning of the year and were then monitored throughout the year. The difference in these two groups of employees is that towards the end of the year, there was a performance calibration session conducted by the managers on the employees. Such a session was not carried out on managers. This session consisted of an open forum where the managers discussed employee performance and then agree on a performance rating for each employee. This allowed a more unbiased evaluation of the employees. It also created a chance for cross department discussions and the sharing of opinions among these departments. In contrast, employees from the Hong Kong Company revealed that their company was using a more traditional appraisal system. Managers evaluated employees’ attitude in the workplace, and took into account the number of times each employee was late for work or if their work was done on time. The Hong Kong company does not have an evaluation system like the other two companies, and the employees’ evaluation is mainly based on their performance and the perception of their managers. The Swiss company’s evaluating system shares some similarities with the American company. They both have a database for the easy evaluation of their employees. They also have groups which help with the evaluation process and which help illuminate the probability of bias. Both companies have traces of HR practices from the East and the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Comparing Human Resource Management in Multinational and Local Essay”, n.d.)
Comparing Human Resource Management in Multinational and Local Essay. Retrieved from https://studentshare.org/management/1456524-comparing-human-resource-management-in
(Comparing Human Resource Management in Multinational and Local Essay)
Comparing Human Resource Management in Multinational and Local Essay. https://studentshare.org/management/1456524-comparing-human-resource-management-in.
“Comparing Human Resource Management in Multinational and Local Essay”, n.d. https://studentshare.org/management/1456524-comparing-human-resource-management-in.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Human Rights Situation in Hong Kong Prisons
The paper tells that Hong Kong has overall twenty-two penal facilities, along with adult prisons, juvenile facilities, drug addiction treatment facility and remand facility for prisoners waiting for trials, under the administration of Correctional Services Department (CSD) with a total capacity of more than 10,000 inmates excluding Vietnamese detention centre.
11 Pages(2750 words)Essay
The process would be discussed in the light of several theoretical concepts and the cultural and tradition of China. Effort has been taken to analyse the issues in accordance with the theory and practices. Cross Cultural Issues It cannot be denied that globalisation has provided enough opportunities for the companies to reach at the foreign markets.
8 Pages(2000 words)Essay
Differences in effectiveness of Humen Resource Management practices (HRM) in Saudi Arabia between local and multinational banks
The government is developing this sector under the policy of developing the non-oil base of the economy. Globalization is posing considerable strains on the system. Human resources are keys for the success of a bank as its performance is highly dependent on the professionals.
12 Pages(3000 words)Essay
Comparing Human Resource Management in Multinational Companies in Hong Kong, and HRM in Hong Kong Local Companies
These differences seem to be credited to various elements and factors. Studies compare human resources practices in Asian countries in relation to multinational corporations and local companies. In the study by Bjorkman and Lu (1999) discussed how the recruitment, motivation, and retention of Chinese professionals is a significant challenge for multinational companies in China.
20 Pages(5000 words)Literature review
Multinational Human Resource Management
According to the paper multinational companies have been confronted with stiff competition for the past few decades. Forces of globalization such a use of e-marketing, linearization of international trade, product integration and marketing research have all posed profound impact on the way companies may improve their business performance.
7 Pages(1750 words)Essay
Hong Kong Hotel Industry
Upon seeing these things, Hong Kong has a big potential in attracting tourists and more likely uplift the Hotel industries within its vicinity. However, due to the fact that Honk Kong is very much industrialized, we cannot neglect the fact that most of the operations of Hotels here compromises with the environment in terms of energy and some natural resources.
7 Pages(1750 words)Essay
Multinational Companies Management
According to the initial study that has been conducted the author has gained an understanding on the following, employee engagement and employee loyalty are very different from one another and both variables are related and essential to the profitability of the organisation.
10 Pages(2500 words)Essay
Research evidence suggests that the great majority of western multi-national companies decide against sending female expatriates to non-western countries. Evalu
Another issue, which refers mostly to the differentiation of expatriates from managerial staff in general, is the size of the company involved. In this context it has been found that ‘whereas domestic and multidomestic companies hire
4 Pages(1000 words)Essay
Human resource development in multinational companies
Beyond any doubt the need of manpower is required for any job to be done. People or workers are an essential element for the success of every business and the performance of any sector. Nowadays,
3 Pages(750 words)Essay
Business Management Report
The written information that is contained in this report was obtained from academic texts. Sources that have referred to in the creation of this report have been acknowledged appropriately. This is by explicit
12 Pages(3000 words)Essay
Let us find you another Essay on topic Comparing Human Resource Management in Multinational and Local Companies in Hong Kong for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us