1.0-Introduction of International Human Resource Management
International Human Resource Management (IHRM) is a field of growing importance in human resources arena and there are a growing number of UK organizations that operate in more than one country. The different between domestic HRM and international HRM is the additional activities such as taxation, expatriate remuneration, cross-cultural training, homecoming and international relocation. Besides that, it will increase the complexities of differing labours laws, foreign HR policies and practices and currency fluctuations. Furthermore, it will also increase the involvement in employee’s personal life which included voter ...view middle of the document...
S., Puerto Rico, the Dominican Republic and the Caribbean Islands; and Caliber Logistics and Caliber Technology, providers of integrated logistics and technology solutions. These companies, along with worldwide express shipping provider Federal Express, comprised the original FDX Corp. (fedex.com)
Next, FedEx Corp. provides customers and businesses around the world with a broad portfolio of transportation, e-commerce and business services. FedEx was consistently ranked among the world most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. (fedex.com)
Furthermore, to create long term relationship with customers and satisfy customers needs, FedEx have introduced FedEx Express that providing rapid, reliable, time-definite delivery to more than 220 countries and territories, connecting markets that comprise more than 90 percent of the world’s gross domestic product within one to three business days, FedEx Ground that providing service to the U.S. and Canada. FedEx Home Delivery, the industry’s first ground service dedicated to residential delivery, is available from FedEx Ground and is backed by a money-back guarantee, FedEx Freight which provided less-than-truckload (LTL) freight services across all lengths of haul. FedEx Freight segment financial results also include FedEx Custom Critical, North America’s largest time-specific, critical shipment carrier. FedEx Services which operates combined sales, marketing, administrative and information technology functions in shared services operations that support our transportation businesses and allow us to obtain synergies from the combination of these functions. (fedex.com)
2.1 Performance appraisal, training& development and remuneration
Performance appraisal is a formal system that involves the measurement and evaluation of the job related attributes of an employee in order to form a judgment of the employee work performance. ( Mondy 2002) As we can see that FedEx has high concern on performance appraisal on every employee to keep up the high quality, services and commitment. Therefore through performance appraisal, the management of FedEx able to determine which employee has to improve send for training or getting promoted and demoted or retained and fired by comparing the results of the comparison.
Training and development designed to improve the quality of the organization. Through training, it designed to improve with the knowledge and skills which able to be improvement needed for their present jobs. ( Mondy 2002 ) As for development is acquisition of new knowledge and skills that leads to increase potential to meet more new challenger and job demands. ( Premaux 2002) Training program in FedEx is to ensure the new recruits able to handle their task through the intensive training provided during...