Empirical studies on efficient human resource management factors in enterprises with multinational personnel

Abstract

Expanding trends of globalization in economic factors of management enhance the scales of integration and cooperation at the international markets and contribute into a more extensive international migration of labour force. This gives rise to more enterprises with multinational personnel, which determines the need to develop methods, mechanisms, and management models for multinational staff. The purpose of the article is to develop the evaluative methodology for efficient human resource management factors in an enterprise with multinational personnel and a procedure to implement this methodology. The authentic methodology and procedure are tested with an expert survey and questionnaire among the top managers and employees of dozens of companies in Penza Region. The scientific novelty of the study focuses on the development and scientific justification of theoretical and methodological provisions and recommendations aimed at better performance of enterprises with multinational personnel with due regard to correlation regressive stimulation. The article describes the system of efficient human resource management factors in the enterprises with international personnel with the focus on the mechanisms of search, selection, adaptation, professional training, and motivation of foreign employees. The empirical study analyzes the actual performance of human resource management system in the companies with multinational personnel in Penza Region; the study also recommends the quantitative values of management impact factors with the strong effect on company’s performance. The paper proves that the analyzed factors at their highest capacity in the enterprises with multinational personnel have a positive impact on the financial and economic figures of the companies: return on capital, output per an employee, before-tax profit per an employee, a working capital turnover. This authentic methodology and procedure applied to the companies with multinational personnel identify the actual exploitation of human resource management factors and their value, as well as develop a set of measures aimed at higher efficiency of managerial impact on them. Further research is seen to be connected with developing a comprehensive theoretical methodological approach to a human resource management system in enterprises with multinational personnel.