International Employment Relations Management of MNCs: Challenges and Recommendations

Globalization and technological changes have significantly reshaped the landscape of international employment relations (IER) for multinational corporations (MNCs). This essay explores the impact of globalization and technological changes and the challenges posed by these phenomena including the impact on labor markets, the dynamics of remote working, and the rise of gig work. Using relevant theories, such as the Resource-Based View (RBV) and Transaction Cost Economics (TCE), and concepts like cultural intelligence and institutional theory, it critically examines how MNCs can develop effective IER policies and practices to navigate these challenges. The essay also includes case studies of prominent MNCs to illustrate the practical implications and responses to these challenges.