Navigating Global HR Challenges in Diverse Markets
This Market Perspective discusses managing a global workforce that presents numerous challenges that HR professionals must navigate to maintain efficient operations and ensure compliance with local laws. This document explores these challenges and provides strategic insights into managing cultural differences, adhering to diverse labor laws, leveraging technology, and optimizing talent acquisition and retention across multiple regions. By examining current market developments, industry dynamics, and future trends, this document aims to equip HR leaders with actionable strategies to enhance their global HR management practices."Embrace cultural diversity and technological innovation to navigate the complexities of global HR management for a cohesive, productive workforce," says Sam Halwani, research vice president, Human Capital Management, IDC.
Please Note: Extended description available upon request.
Executive Snapshot
New Market Developments and Dynamics
Introduction
Industry Dynamics
Cultural Differences and Diversity Management
Compliance with International Labor Laws
Talent Acquisition and Retention
Remote and Hybrid Work Models
Compensation and Benefits Administration
Future Outlook
Advice for Technology Suppliers and Services Providers