The paper "ANZ Bank and International Human Resource Management" is a wonderful example of a case study on human resources. International human resource management responsibilities are emerging to be very important for most of the multinationals as it is being considered as a vital mechanism that enables the achievement of coordination as well as control of the international operations (Clark, Grant & Heijltjes 2000). In addition, acknowledging has been made that the human resource management greatly constitutes the key constraint when the multinational companies endeavor to implement their global strategies, generally as a result of the different cultural as well as institutional framework of every location such multi-national company operates (Dowling 1999). Both the international and national contexts largely affect the manner in which people or employees in an organization are managed in various countries.
Today, the multi-national companies are faced with many pressures in adapting to the human resource management practices within subsidiaries of their local companies’ areas of operation. The study provides an understanding of the critical role the international human resource management plays within the global context in ANZ bank through the critical examination of the ANZ bank’ s background, its goals, and objectives, development as well as training of the expatriates and their international compensation in relation to the career re-entry. Background of the ANZ Bank The Australia and New Zealand Banking Group commonly known as ANZ bank provides a wide range of banking as well as a financial product and the services to the retailers, corporate, institutional clients, and small businesses, particularly those that are based in Australia and Zealand.
The retail products of ANZ bank include housing finance to the customers for ownership and investments, the company provides credit cards to the as well as personal loans to the customers, e-Payments products, saving products, for instance, term deposits, accounts for cash management and the transaction banking.
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