Date of Publication :20th September 2016

Abstract: in past decades business organizations are intensely expanding their functions globally. This research focuses on managing people on a multinational context. The objective of the research is to give a brief introduction on international human resource management (IHRM), concept, recruiting and staffing for international assignments, training and development on international platform and their compensations which is successfully completed with support of references from previous researchers on this very area of study. IHRM as a discipline cuts across all other business operations in the international context and plays a vital role in the success or failure of a business venture since, businesses are essentially driven by people. In this form of global business, international human resource management (IHRM) is emerging as a crucial factor since organizations are run by people. What is interesting in thus phenomenon is, not only that there are differences in people across the country but even within a country or regions within it. MNC’s are realizing a need for developing a heterogeneous workforce for delivering the business result keeping in view the changed realities of business. In order to develop such a competent workforce, global companies now need to create new ways to select, motivate, and retain international management talent. International human resource management must, therefore, focus not only on business issues, but on business relationship as well, which are partly, economic and, partly socio-cultural in character. Ability to strike a healthy balance in creating policies addressing both the issues will ultimately determine the success or failure of an operating firm in a foreign land.

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