The paper 'Role of MNCs in Employment Relations" is an outstanding example of business coursework. MNCs are the forerunners of the industrial revolution. In fact, MNCs are the real system shapers of every industry. Hence the policies and execution have their own importance in the industrial revolution to a great extent. The internal and external policies of MNCs do affect the market to a great extent. To a company is concerned, Employee Relations considered being so important. Employee relations are the set of management and staff working policies and practices in the working environment.
The liaison with employee representative bodies, its monitoring procedures, and developing proposals for consideration are significantly turn as ER of the Human Resources Department. The association between ER and with a representative body, developing a proposal for consideration and monitoring procedures is solely responsible for the effective employee relations in general. Background Before discussing the role of MNCs in Employment Relations, let’ s have a look at the function of an MNC. A multinational corporation (MNC) is an organisation that manages to provide services in more than a country. These MNCs have a solid and well prepared financial budget proposals every year.
This could be something bigger than that of some countries. As far as international relations and local economies are concerned, MNCs have a very strong influence is there in all level. MNCs have the mighty role of influence in employee relations. (Business management: a practical and interactive approach. 2nd edition. Sandton: Heinemann) When considering the case of globalization, MNCs have rather a good role in it in almost all cases. We can see countries compete with one another in the following cases: Facilities, Tax revenue, Employment, Economic activity, Such as tax breaks, pledges of governmental assistance or improved infrastructure, or tax environmental and labour standards etc.
are being offered to MNCs as incentives. As far as the establishment of MNC facilities is concerned, all these processes are very much significant. (Employment Relations& MNCs, Fourth Edition Author Bamber, G., R.Lansbury and N. Wailes (eds) Publisher: Sage, London. 2004) Besides all these efforts, multinational corporations are to affect governments, since there is a lot of government action directly affects corporate behaviour. In a peculiar organisation, the local business laws’ and regulations’ changes can be limited to an MNCs power.
In fact, MNCs are larger firms with a solid style of work with stringent policies to execute with. Let’ s have a look at Employee Relations It is observed that the ever-changing nature of employee relations work in MNCs through interviews with HR and Employee Relations managers to provide a glance at current attitudes and practice. What does an employee relation mean? The findings of the research are the following: Employee Relations (ER) can be seen as a set of soft skills in philosophy. The significance of employee relations continues to shift from various organisations, such as collective bargaining and trade unions to the relationship with individual employees. Their employee relations policies and aspirations the ideas of employee voice and the psychological contract have been accepted by employers and reflected in Communication is the policy-making tool without which ER is ineffective.
A simple instruction is well established in involvement. The important term communication is necessarily a two-way process; ER offers managers a framework for monitoring a range of powerful indicators. They are employee attitudes and behaviours, of the state of the employment relationship.
But above all, it represents a notion that employees should understand, identify with and commit themselves to the objectives of the organisation they work for.
1. Employment Relations& MNCs Fourth Edition Author: Bamber,G.,R.Lansbury and N.Wailes (eds) Publisher: Sage, London. 2004
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