International Human Resource Mnaagemnt - Examination Essay

International Human Resource Mnaagemnt - Examination - Essay Example Moreover an important factor which causes low productivity of labor in developing nations is because they suffer from low motivation. The concept of motivation is linked to capacity and must be addressed and analyzed in all capacity levels, i.e., individual level, organization and enabling environment. Measures of incentives, like salaries, intangible rewards, secondary benefits, recognitions and sanctions are some of the conventional ways of motivating employees for increasing their performance (UNDP, 2006, p.5). Because developing nations are characterized by high supply of labor and excess competition in the labor market, an incentive system based on performance generally results in improved performance on the part of the employees through instigating motivation. Because of the high rates of unemployment in the nations, even the slightest of incentives results in employees delivering the best of their capacities to perform their jobs. In such a condition it is recommended that mul tinational organizations having subsidiaries in the developing nations incorporate incentive based system of pay for motivating employees and recognizing their efforts. There are certain cultural aspects that are common among developing nations. They are seen to demonstrate high collectivism which shows their affinity to remain and operate in groups. There is high degree of integration among the people in society which reflects through the organizations as well. Organizations can employ team work and group activities which employees are more comfortable with. However, such team activities generally undermine the individual efforts which might go unrecognized. This is the reason why an incentive based pay system must be incorporated in organizations in developing nations. Along with the group performance, such a pay system helps to recognize individual performance as well, such as none of the individual efforts go unrecognized. Also the intangible incentives like rewards; recognition plays a major role in motivating the employees. Since remuneration remains low in developing nations, cash awards are given major value in these nations. Some of the non financial incentives like rewards, gifts and travel also provide added stimulus to the motivation level of employees in developing nations. Some of the less tangible incentives which work for the developing nations are independence of working, work flexibility, career advancement possibilities, work recognition etc. Also an incentive necessarily means that the fixed salary of the employee is not dependant on the performance of employees. This provides a sense of security for the employees who can then perform their jobs without anxieties. It is important that a certain amount of the employees’ remuneration must be independent of performance while the remaining part can be performance based. This is especially applicable for the developing nations where the remuneration of employees generally remains low (Jai n & Narayan, 2010, p.7). Question 3: Analyze the ethical dilemmas associated with human resources management in developing countries. Answer: Because of the volatile and fluctuating economic and political conditions in the developing nation’s organizations face difficulty in making long term plans. Also there are state dependencies with regards to policy and financial issues. Also there are frequent changes in government rules and regulations because of which multinational organizations are confronted with

Business Ethics Case Study Example | Topics and Well Written Essays - 1250 words

Business Ethics - Case Study Example As with most ethical decisions, there is likely no one solid answer, but I have done my best below to provide some possible courses of action that the judge in this case could consider. Question 1 In this situation, Mr. Groetsch has done nothing wrong. As such, he is under no obligation to allow other people to handle his personal fight against Securities America. He is convinced that he has been financially damaged as a result of this case, and he is perfectly able to work through arbitration on his own, with a judge, to come a fair resolution. Let us remember that arbitration was set up as a way to settle disputes between two parties who simply cannot come to an agreement on any given problem. The judge in this situation should only concern himself with the specific arbitration case that Mr. Groetsch has dutifully bought before him, regardless of any potential impact on cases that might be pending before other courts at a future date. This is a decision that will likely weigh on th e judge, knowing that many more clients may lose out on a judgment in the future that is rightfully due them. In the end, however, the judge is ethically responsible for the arbitration hearing in this case and should let it proceed without delay. Question 2 This case is particularly troublesome because of the sheer number of clients that were adversely impacted as a result of the fraudulent acts partaken by Securities America. Due to this unique situation, no one person should receive the benefit of arbitration at this time until the outcomes of the class action suits are settled. The actions of one fraudulent company has negatively impacted the lives of many people, so the judge should ethically do everything in his power to make sure all alleged victims have an equally opportunity at a fair judgment. The judge should go ahead and table the arbitration hearing and allow the cases in Montana and Massachusetts to proceed. This will allow the money that is currently available to be p aid out to victims to remain in a frozen, yet liquid account to be distributed once the case is completed. Once settled, the judge should then allow the arbitration to proceed until finished. The reasoning behind this lies in simple numbers. Should one person benefit greatly from arbitration, draining a limited pool of funds that will be available, while the masses are left to scrounge what is left over? In this case, that would not be a beneficial course for anyone involved, except Mr. Groetsch. It needs to be pointed out that he had the option to join the class action suit, yet for whatever reason, decided not to. As such, he has given up his claim to that hearing. His actions, however, do nothing to mitigate the fact that class action suits are filed to level the playing the field. That is what the judge should do in this case – level the playing field so all victims will eventually be compensated in a fair and equitable manner. Question 3 The judge in this case can also a ct as an advisor. In the legal system, judges are put in place to protect those that appear before them. In this particular situation, it appears that the interests of Mr. Groetsch will be best served if he were to drop his arbitration claim and fold his interests into the class action suits that are pending. This becomes particularly helpful advice if the judge has already determined that he is going to table the arbitration hearing until the current cases in Montana and Massachusetts are resolved. If this were to happen, there would simply be little to no money left to pay Mr. Groetsch in any event. While the estimated 10 cents to the dollar is not a happy outcome for this client, it will certainly be better than