Compensation models currently used or proposed and policies

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The future of international human resources

In the foreseeable time, the industrially developed countries will turn into a more advanced state, such as the United States, Europe, and some Asian countries such as Japan and China, and this will result in a decline in the traditional worker's job due to the excessive use of modern and expected technology, and the central issue in this transformation is aimed primarily at the growing costs of employing administrators and labor Because it has become one of the main problems in the international business of MJ companies, a large number of these companies have moved their industries outside the borders of their countries due to the low wages of labor in developing countries, and with the decline of these jobs, traditional workers will face an uncertain future in terms of increased unemployment and low wages in Industry, and this will lead to labor transfer to work in the services sector or the agricultural sector in which wages are slightly higher than the declining wages in the industrial sector, and if this decline continues in the level of wages, it will lead to an increase in the number of individuals looking for work, which encourages multiple companies Nationality leads to more discrimination in wages and other compensations provided to workers and administrators who are nationals of the company's home country And expatriates from a third country and citizens of the host country for business, and will resort to devising methods to reduce labor costs by adopting a new policy, which is the part- time work system. There is another variable in the corporate policy to reduce the costs of using human resources, which is the replacement of robots and artificial intelligence To carry out work on behalf of humans, and it will seek to program it automatically towards creativity in evaluating work and quality of products, and in the future the cost of using robots will be reduced, so that this trend will push towards relying on it in production work locally to limit the transfer of production processes to other countries

1. What is the impact resulting from the excessive use of technology on the use of human resources, and what are the long- term objectives of this policy?

2. What are the discrepancies between compensation models currently used or proposed and policies?

3. In the medium term, dependence on expatriates from the company's home country will decrease, and it will increase on human resources from the host country and from a third or fourth country.. Comment on this phrase in terms of increasing costs, problems of adaptation and discrimination?

4. What are the new problems that will arise from the new policies of global companies regarding the increasing reliance on technological progress and artificial intelligence to overcome the problems of exorbitant costs for the use of human resources, can you record the expected problems?

5. What is the position of investment host countries on discriminatory policies in the payment of compensation when companies use highly advanced technology instead. employment Citizens looking for work?

6. What problem does this case study raise, can you formulate it in four lines?

Reference no: EM133375544

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