MN7374 International Human Resource Management Assignment Sample

Introduction

International Framework agreement or IFA general indicates the negotiations between the various enterprises and the “Global Federation Union”.  The negotiations are done between the various countries in order to create equal standards for all companies in the world. In modern times it is witnessed that the IFA is more actively engaged in the importance of trade unions. It is because of this “Corporate social responsibility” or CSR has been given lesser importance to the company. The thesis statement aims to analyze the role of the IFA is discussed.  The fundamental theories and concepts of both trade unions and CSR are also discussed.

Discussion

Role of the International framework agreement

In the case of sustainability of business, the IFA plays a major role. The regulations presented by IFA are also helpful for creating good human nature in businesses in the review of negative consequences (Krämer, 2020). IFA is negotiated between multinational companies and the federation of the global union. The objectives of this negotiation are many. It is with the help of this negotiation various innovative processes are made in the organization. Further, the knowledge creation and sharing of such knowledge are possible with the help of IFA. It is seen that various countries have various social-economic environments. It is the sharing of knowledge among the countries that will help the business to grow and sustain itself together. The IFA also assemble various kind of business knowledge and instructs businesses to use them to maintain quality and regularity. It is seen that the trade union is working on the various initial forces in the business like the effects of wages in increasing the profitability and producibility of an organization (Doucouliagos et al. 2018). It is because of this beneficial quality in the business the IFA works with the Trade unions. The IFA also works with CSR in various countries because of its impact on various businesses. According to Zaman et al. (2022), CSR and Corporate Governance in a business have been able to map the institutionalized systems in multiple multinational business. The IFA with the help of CSR wants to expand its reach to various kinds of businesses in various countries. It is seen that for more than two decades negotiation has played a major role in global businesses. The IFA with the Federation of Global union is targeted to expand the company borders, especially focusing on subcontractors and suppliers. It is seen that through time the scope of this negotiation is expanding worldwide. According to Holgate et al. (2018), in the case of industrial mobilization, various factors like economic, social, and political factors play a major role in a collaborative of an organization. Therefore, it is seen that the trade union of the home country also actively participates in the negotiation process. However, in this case, the aspect that distinguishes the IFA’s aim and its outcomes are the dependencies on traditional methods rather than the demand of modern businesses. It is seen that as the business is very much tending towards the globalization. Therefore, the role of this framework and the proper implementation of the framework are very much necessary. It is seen that with the growth of the industrial revolution businesses are exploiting the natural resources in a way that future scarcity is evident. The scarcity of resources will affect both businesses and the environment (Abbas, 2020). The IFA agreement also works on these issues in its agreement. The agreement that IFA framed in its negotiations is updated on modern demands and issues.

Theories and concepts

It is seen that in order to successfully implement the objects both the CSR and the trade union follies certain concepts and theories. In the case of trade union theories, it is seen that the theories are basically built on an environment basis. The main objective of the trade union theories is to create stable long-term workplace relationships (Jansen and Lehr, 2022). The various trade union theories that are generally widely used are Revolution political theory, Webbs Theory, Cole’s theory and environment theory.

Trade Union Theory

Engels and Marx’s Political theory of revolution

The basic purpose of Engels and Marx’s theory is to reduce the competitional level in an organization. This theory is also aimed to eliminate the role of capitalist businessmen. It explained that the capitalist business structure is harmful to the workers of the company. It is only because the capitalists only focused on their profit rather than the safety of the workers. In a capitalist business structure, the benefits that the workers get are less. This theory of Engel and Marx is based on the influence of Adam Smith’s theory which gives the importance of value to the Laboure’s.

Industrial Democracy theory of Webb

The Webb theory is based on the focus area of Unionism. According to Atzeni (2020), the trade union has an important role in the rural industry as well as the global industry. It is with the help of Webb’s theory that expansion from the political sphere to the sphere of industrial is possible.

Cole’s theory of Industry control by Union

Cole’s theory is focused on industrial control is a mixture of Marx’s and Webb’s theories. Cole’s theory gives importance to unionism however in a different way than Webb’s. Cole aggress in the struggle for unionism but he is not able to predict the outcomes as done by Marx.

Common’s theory of environment

According to Wettstein et al. (2019), the environmental issues in an organization has te major impact on its employee. Common is very skeptical about the experimental nature of the organization. In order to the effectiveness of the organizational workings, Common is focused on the relationship between the employee and the employers.

CSR Theory

Islam et al. (2021) states that CSR has a significant role in maintaining the social, moral and legal factors in an organization. It is therefore seen that in order to reach desired results of CSR it follows the various CRE theories.

Value theory based on stakeholder

The value theory based on the stakeholders generally indicates the Fiduciary capitalism structure. In this case, the primary goal of the company is to make a profit and to increase value of the economy in the country’s economy. It is helpful for the stakeholders. In this theory, it is seen that the huge profit earned by the company is helpful for the company to create new strategies in the business. It is important to crate strategy in the business according to the situation and the demand of the company’s customers. However, it is not possible for the scarcity of the fund. The value theory on stockholder helps the company to give a huge return to its stakeholders (Harrison et al. 2019). It is also witnessed that the extra revenue of the company helps it to invest more in futuristic investments and on future risks.  It is seen that as the shareholders of the company get a huge return on their investment they are willing to invest more in the company. It will strengthen the relation between the company managers and the company shareholders. However, it is seen that as the company got a huge profit sometimes the company violates its stakeholders. Therefore, there is a chance of legal obligation. Therefore, in the business, it needs to be carefully implemented.

Business theory of CSR

It is seen that in the business the major issues come to form issues of morality. In order to respond to the moral issue, the business theory is created in CSR. According to Atzeni (2020), in this theory according to the expectation of society the business role and business expectation are created. The business theory helps to create ethical and philanthropic responsibilities in the organization. It is seen that it is built for the wellbeing of society it indirectly helps the corporate structure as well. It is with this theory the companies formulate their rules and regulation that promote the ethical nature of the company. It is also seen that as the company with this theory is able to follow the ethical and legal structures the company is able to follow human rights in the business environment.

Shareholder theory of CSR

The shareholder theory is based on both influencing the organizational performance and following the legal laws. In the case of the value theory of stakeholder, it is seen that the company only give importance to the profits and therefore there is a chance of corruption. It is with the help of shareholder theory the companies are forced to serve the interest of the shareholders because of the fear of legal aspects. It is therefore seen that the Shareholder theory of CSR is not only helpful for the organization but also for social development. The stakeholder of the company served the fiduciary duty to satisfy the shareholders than the other.

The reason behind trade unions’ superiority

It is seen that the IFA in modern times gives more importance over the trade unions rather than CSR because of the various issues (Harrison et al. 2019). It is seen that CSR in modern times is influenced by the various factors that influenced the effectiveness of the CSE. It is seen that CSR is built to focus the responsibility of the corporate managers both on the company and on the society. However, in modern times the managers of the company in CSR served only their own self motives. The business donated funds to CSR because of political influence. It is seen that some businesses are strategically deputed by some managers that are traditionally done by potential political leaders. It is also witnessed that CSR has given lesser importance to the labours of the company. However, the stressed condition of the labour of the company affects the performance of the company. The larger companies give an additional burden on the workers of the company to work more for the company. Therefore, human rights are not followed. However, in the case of trade unions, it is clearly focused on the benefit of the workers of the company. The trade unions always fight for the general requirements for the wellness of the workers therefore IFA is also more interested in Trade unions.

Impact of International Framework Agreements on trade union and CSR

The international framework agreement (IFA) is the instrumental negotiation of the multinational enterprise and the global union of the Federation. The purpose of building the ongoing relationship between the parties of the Union is an essential part of the framework. This makes sure the respect of the company is a standard relationship among the people of the whole country. The CSR have the initiative of the debate because of the express the commitment of the company with respect to the certain principles. Moreover, the IFA has a huge impact on the trade union and CSR that helps to develop the industrial relations in the era of globalization.

It is seen that in any organizational body the workers of the company have played a crucial role in the wellness of the organization. Therefore, in case the workers have prioritized the outcomes of the company will also be social and legal. Working on the requirements of the company workers helps the company to face t e future challenges the organization. Working on workers will also help the company to strong enough in the business functionalities according to the modern value.

Economic globalization exposes the staff of the organization to the prospect of employment. The changing economy of international competition allows the trade union to manage the needs of the market. Through the recent development of the area of industrial relations, the IFA present an interesting part of the trade union and CSR (Wright et al.2018). The IFA helps to provide training to the employees with the equality of opportunities and treatment. The framework involves the mechanisms with the participation of the trade union. The global union carry the way of monitoring the business and also raises the case in the violation of the company. In recent times, many companies operate various industries with the IFA framework.

An International framework agreement is mainly determined by an instrument negotiated with the global union federation and multinational enterprises. It is very essential for the business to develop relations between both parties. The company must be ensured to enhance the same standard where it is operated. In this context, trade union agreement and corporate social responsibility which is very crucial for the organization to maximize the profitability of the business. The international framework agreement is a global tool it supports tom the business to earn efficiency (Harrison et al. 2019). In this context, the framework agreement is not a corporate social responsibility initiative. CRS debates are one of the ways the company might be express exec their commitments based on certain principles.

The framework agreement is mainly determined by the possible developments in industrial relations in the era of globalization. The framework involves the specific actions on the part of management and the employees of the company, the training programs help the employees to provide the best results in the workplace. Through the recent area of industrial relations, the international framework agreements represent the general direction of the development of quality.

Issues related to International Framework Agreements associated with trade unions and CSR

The global trade works agreement is a major tool for the international regulation of the works. In this context, the organization has been experienced various issues and challenges based on this agreement. Most organizations adopt the global framework agreement which is superior to the corporate social responsibility agreement (Bourguignon et al. 2020). The main context of this agreement is very crucial for the organizations ot fulfil their needs and requirement based on the agreement. The trade union agreement is very effective for the organization to maintain better relations with other countries (Gold et al. 2020 ). It is very effective for the business to explore new entry markets in different countries. The management of the organization tries to follow the trade union agreement and CRS agreement. The international framework agreement is one of the major components that eh company make to enhance the efficiency of the business. Most of the framework agreement is mainly determined with h the supply chain activity. It is very essential for the organization even though the supplier chain parties are not members of this agreement. The organization committed the all its subsidiaries, contractors, suppliers and various subcontractors based on the agreement (Chun and Shin, 2018).  Most of the framework agreements include the follow-up machinists based on the trade union agreement of participation. The trade union agreement is very effective for the organization to represent the company-wide discretion of the agreement to develop the various join training programmes.  The trade union agreement is provided a joint mission along with the relevant trade agreement.  The global union of Federations has carried out the monitoring of the implementation of the agreement (Jackson et al. 2018). The global union of the federation also determined to find out to raise the cases of their company violating the agreement terms. In the present-day condition, approximately 15 countries on different companies have been signed the international framework agreement.  The management of the organization maintains the trade union policy which is very crucial for the company to enable the efficacy of the business (Helfen et al. 2018).  The management of the organization maintains the global trade policy to enhance the efficiency of the business. In this context, the trade union agreement is superior to corporate social responsibility. International framework agreement is very crucial for the negotiation between the multinational agreement and global union of federation (Cassinerio, 2019). In this context, the company maintain the agreement to enhance better trade relations with other countries. The global federation helps to identify the violation against the agreement, It is very crucial for the companies to make strategies. The trade union argument is superior to the corporate social agreement. The management of the organization makes a better reaction with the stakeholders to enhance the competitive advantages.

Conclusion

On a concluding note, it can be said that the engaging organization with trade unions is an essential part for maintaining the overall management and regulation of government for enhancing the margin of performance. This can be concluded that International Framework Agreements are more effective in terms of engaging trade unions compared to corporate social responsibility. This study shows that CSR is not capable of maintaining the accurate engagement of organizations as high as international framework agreements. These agreements of the international framework are beneficial principles that keep the owner of the organizations maintain the social and corporate responsibility for maintaining the ethics and integrity of the industry. The study is demonstrating the issues related to the international framework and the impact of this on the trade union and CSR. The study is also to determine the role of international framework agreement with theories and concepts. In addition, the reason behind trade unions’ superiority is derived in the study. Hence, the thesis statement is justified.

Reference List

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