Globalisation and employment practice in multinational companies: impact on institutions and organisations

For over 20 years, University of Limerick (UL) scholars have conducted highly regarded empirical research on various dimensions of employment practice (EP) in multinational companies (MNCs) studying the impact of labour and human resource management (HRM) practices on the attraction and retention of foreign direct investment (FDI). The impact of this research is evident in three areas. First, it has informed policy across a range of issues, including employee representation and the attraction and retention of FDI. Second, professional bodies such as the Chartered Institute of Personnel and Development (CIPD), the Services, Industrial and Professional Trade Union (SIPTU) and the Labour Relations Commission attest that our research has shaped their policy and that of the HR/IR profession. Third, at practice level the research has shed light on a range of issues, including the impact of the global financial crisis on employment practice, employee representation and voice, succession planning and talent management; it has allowed practitioners in MNCs to benchmark their employment practices against comparable organisations, identify best practices, and effect change in employment practices in their organisations.