Functions of global career management Cover Image

A globális karriermenedzsment funkciói
Functions of global career management

Author(s): Réka Szondi
Subject(s): Social Sciences
Published by: Debreceni Egyetem Politikatudományi és Szociológiai Intézet
Keywords: human capital; global career; career management; HR functions; performance; retainment; competence

Summary/Abstract: Maintaining competitiveness is one of the long-term strategic goals for companies. Beside tangible and intangible assets, the value of human capital is continuously growing, due to changes in the labour market. A loyal, highly skilled employee makes a significant contribution to organizational success through competencies, experience, and skills. The career management system of multinational companies became more attractive by the possibility of international assignments, which is a very complicated process requiring complex planning. This system is considered global for several reasons: its transnational nature, international experience gained by the employees and the achievable career on a global scale for the individual (as a part of a successful process). Creating a global career management system thus involves a number of HR functions. Emphasis should be placed on finding suitable employees, selecting, onboarding, mentoring, on methods and the evaluators in the performance appraisal process, providing feedback on a regular basis and in an appropriate manner, achieving and maintaining motivation, developing competencies and supporting the balance in mental health.

  • Issue Year: 9/2020
  • Issue No: 1
  • Page Range: 49-64
  • Page Count: 16
  • Language: Hungarian