Recruitment, Training and Compensation

Recruitment, Training and Compensation

Introduction

With the advent of globalization and the changes in the global scenario, a number of organizations have moved from being regional and country specific to being global, thus taking the whole world as their potential market. The globalization and the spread of organizations has given rise to the concept MNE, Multinational Enterprise, which allows individuals from various parts of the world to avail the facilities and products offered by the organization and on the other hand, it allows the organization to have worldwide costumers. Although the list of multinational organizations is increasing with each passing day and more and more companies are getting enrolled by expanding their business, there are a few well known and established organizations, also known as the pioneers of the multinational concept, with Hitachi being one of them.

Discussion

Brief Description of the enterprise

The corporate name of Hitachi is Hitachi, Ltd. (Kabushiki Kaisha Hitachi Seisakusho), and it was founded in 1910. However, the establishment of the organization took some time and it got established on 1st of February, 1920. Headquarter of the organization is located in Tokyo, Japan and it is presided and managed by Hiroaki Nakanishi (Hitachi). The company owns a number of in-house company systems, which includes Power Systems Company, Rail Systems Company, Infrastructure Systems Company, Urban Planning and Development Systems Company, Information and Telecommunication Systems Company and the Defense Systems Company.

According to the latest statistics, the company generates capital of 427, 780 million yen and has 32, 908 employees. However, the consolidated number of employees goes up to 323, 540, which includes employees from the various areas and locations in which the company has offices.

Recruitment and Selection Procedure of Hitachi

It is a rule of thumb that all the international and renowned organizations have originated and well as thorough recruitment ...