International and Comparative HRM in Asia Essay

International and Comparative HRM in Asia - Essay Example In short, human resource management is the source through which an organization makes sure that its capital and the power of human talent (whether individual or in terms of teamwork) is being utilized with maximum exposure and capabilities to achieve the future set targeted goals of the company. (Sims, 2006, p79) There are mainly two types of human resource management that are totally different from one another. These are domestic human resource management and international human resource management. This type of human resource management is only applicable to multinational companies that have their branches in more than one countries and have to look after the human resource management activities of their local as well as internationally hired employees. (Dowling et al, 2008, p5) If broadly discussed, international human resource management is more advanced, broad, and wide as compared to the domestic human resource management since it looks after the activities of not only the loca lly hired employees, but also takes care of its internationally hired employees in ... The human resource management department of the company is required to set processes and procedures across several subsidiaries so that all the employees could be treated on the same level and follow the same standards as others do. International human resource management has more concerns and activities as compared to the domestic human resource management, and they need a much wider prospective as compared to the domestic human resource management. The international human resource management department personnel are more involve in managing the employees' personal lifestyles and lives as there is more risk exposure, and external influences due to the changes in emphasis as the workforce mix of expatriates and locals varies. According to Pattanayak (2005, p412); on the other hand, domestic human resource management does carry almost the same human resource management activities and resources, but with a different approach and synchronization. Domestic human resource management is involved with employees and their benefits with only the limited boundary of local territories. It looks after the affairs, interests, fringe benefits, and other issues related to those employees who reside in the local territories. Hence, it does work for the betterment of the employees', but with limited bounded areas of nationally resided employees. Changing Trends of Human Resource Management in Asia (Tayeb, 2005, p185) With the passage of time, the human resource management practices have changed drastically, especially in the region of Asia because of the fact that the trade and business sector along with the economy has developed in this region. Not to mention the regions of Japan, Taiwan and South Korea where human resource management practices.