Expatriates-To Have Or Not To Have?
Introduction
This essay discusses about expatriates and their pros and cons. It also is an attempt to ascertain whether MNCs really have the need for them. We start with the definition of expatriates and why they are needed. Furthermore, we have described as to why MNCs use expatriates for their international assignments in spite of the exorbitant costs involved. The advantages and disadvantages of expatriation and repatriation in today’s global world have also been pinpointed. We have also discussed whether MNCs should continue using expatriates in their international assignments.
In today’s global world, most big companies have their offices or business in many different countries. This results in more and more foreign assignments for the workforce and new challenges. Thus, there is a need for expatriation. International Human Resource Management (IHRM) has gained utmost importance in recent years due to the hiring of a multi-cultural staff. Domestic HRM wouldn’t be......
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Approximate Word Count: 2231
Approximate Pages: 9 (250 words per double-spaced page)
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