Multinational companies and HRM in Ireland during recession: a retrospective from a highly globalized economy

This paper provides a retrospective investigation of the impact of the recent great recession on human resource management (HRM) in multinational companies (MNCs) in Ireland. Ireland represents a particularly fitting location  within which to address this topic given its  standing as one of the world s most economically globalized and MNC-dependent economies and also  because the country was very severely impacted by the global financial crisis. Using both primary and secondary data from a variety of sources, our analysis considers the impact of recession on HRM in MNCs, with particular focus on employment, pay and benefits, industrial relations and the role of the HR function. The findings suggest that HR practitioners played a central role in implementing a series of initiatives, many of which were operational in nature, to improve business performance. In so doing we argue that practitioners in MNCs in Ireland have behaved as archetypical conformist innovators during the recent recession, delivering operational HR responses to improve their organization s bottom line.