Explain the international labor strategy in today’s context? (500 words)

- First enlighten the readers on the meaning of the international labor strategy. You can do this by telling the readers what the words here mean in other words. The international labor strategy comprises the human resource policies and action plans that drive the workforce management across multinational companies that have operations globally.

- Define the various ways in which globalization, technology changes, skills gap and other developments are influencing the international job environment. Talk about how companies maintain the number of employees, and factors that currently influence their decisions.

- Talk about the aims/elements of modern international labor strategy being global hiring across boundaries, workforce realignment among countries to maximize efficiency of resources, local workforce, managing cultural difference, retaining employable capital around the world, etc.

- Give some of the ways organizations manage matters of their international workforce - global integration vs national differentiation, expatriate assignments, co-employment models, and so on.

- Talk about the significant role of balanced scorecards and KPIs that allow you to assess the fullness of the international labor strategy implementation across the countries.

- Sum up by saying that multinational corporations can not afford to ignore the fact that human resource problems belong to the top priority issues they have to deal with when conducting their business abroad, because they have to do strategic planning considering not just the country they are operating in but also global trends.