Differentiate between the three types of staffing policies used by international companies. What are the advantages of each? | Homework.Study.com (2024)

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What are the three 3 types of staffing policies? ›

There are four approaches to international recruitment: ethnocentric, polycentric geocentric, regiocentric.

Advantage: This strategy is better suited to various cultures and focuses more on multinational business in international environments. Highly qualified workers with a global outlook and a different culture that is easy to accept. Disadvantage: They have a great grasp of people and the consistent greatest capital.

The types of employees of an international organisation can be broadly categorized into parent country national, host country national and Third country national.

International recruiting provides a range of benefits including widened talent pools, competitive edge, creativity and perspective, culture and diversity, productivity, and so much more.

International staffing is the practice of hiring individuals from another country to fill open positions in your organization. Organizations may hire international staff for a variety of reasons including cost savings, increased productivity, and ability to access a broader range of skills and experience.

The advantages of the ethnocentric approach are: (1) Overcomes lack of qualified managers in host country, (2) Unified culture, and (3) Helps transfer core competencies. The disadvantages of the ethnocentric approach are: (1) Produces resentment in host country, and (2) Can lead to cultural myopia.

While cost savings, increased flexibility, and access to specialized skills and expertise are significant advantages of staffing, higher labor costs, limited control over staffing employees, and potential cultural clashes are significant disadvantages.

Answer and Explanation:

The polycentric approach is used by the managers to increase efficiency because of better information about the host market. The geocentric approach is used by the organization to follow an integrated approach to implement strategy worldwide.

What are the advantages of ethnocentric staffing? ›

Benefits of an Ethnocentric Approach

There is no need to have a full-fledged international labor market. Communication is better between the parent company and the host. You have effective control over the subsidiary. There is typically better coordination between the parent company and the host.

Multinational Companies (MNC'S) use three types of strategies for transfer of HR practices across different nations; Ethnocentric strategy uses same HR practices of parent company in host nations, Polycentric strategy employ local people as workforce and adapts the HR practices of host nation, Geocentric strategy only ...

International organizations serve many diverse functions, including collecting information and monitoring trends (e.g., the World Meteorological Organization), delivering services and aid (e.g., the World Health Organization), and providing forums for bargaining (e.g., the European Union) and settling disputes (e.g., ...

The three environments in which an international company operates are domestic, foreign and international. Domestic environment is composed of all the uncontrollable forces originating in the home country that influence the firm's life and development.

What are the types of global organisations? Broadly speaking, there are three types of global organisations: TNCs (transnational corporations), NGOs (non-governmental organisations), and International agencies (e.g. The UN, The World Bank, The WTO etc.)

The functions of staffing, which by itself is a function of management, are requisition, selection, training, placement, transfer and compensation. They can be carried out by an in-house HR team or by a temp agency or staffing company.

A staffing plan assesses your current personnel landscape and determines whether you have the staff and skills you need for future success. It's about ensuring you have the right people in the right place at the right time - to achieve both short and long-term strategic objectives.

Answer and Explanation: In international business, companies adopt four approaches in staffing their offices and facilities. These are ethnocentric, polycentric, regiocentric, and geocentric approaches.