HR planning is the process of assessing the demands and supply of various types of human resources of an organization within a given period of time. Human resource planning consists of goal setting, forecasting, strategic planning, and programme implementation and evaluation.
Some of the areas of HR planning affected by current global trends in HRM include labor relations, benefits and compensation. Expatriates are compensated and generally get higher benefits than comparable pay in the employee’s home country. However, elements of compensation that motivate and retain employees may vary in different countries.
Hofstede looks at variations in Human resource management practices across cultures. (Hofstede, 1980) came with four basic cultural dimensions and how they impact management: individualism vs. collectivism, power distance, uncertainty avoidance and masculinity vs. femininity
Cross-cultural dimension argue that there are major cultural differences between nations and that they affect the way organizations are managed, they found out that there is no “one best way of managing” organizations. While, Globe cross-cultural dimension focused on exploring the effects of culture on leadership, economic competitiveness, organizational effectiveness and the human condition of members of the societies studied. It develops nine cultural dimensions that entails both values and actual society practices.
Hofstede, G. (1980). Motivation, leadership, and organization: Do American theories apply abroad? Organizational Dynamics, 9, 42–63.