Recruitment and Selection Policy of MNCs

Length: 38 Pages 9538 Words

INTRODUCTION 1.0 Introduction This chapter focuses on the overview of the research, which discussed about the government policy towards foreign investment in Malaysia and the benefits of Multinational companies to local people. This chapter also discusses the staffing philosophies of these international operations. The research problem, the objective of the study, the significance of the study, the definition of terms and the organization of the theses will also be discussed in this chapter. 1.1 Overview of the research As stated in a seminar on “Business opportunity in Malaysia” which was conducted on the 26th of April 1999 at Salt Lake City, USA, it was made clear that Malaysia continues to welcome foreign investment into a wide range of manufacturing and related support services sector to build upon and upgrade the industrial foundation that has been laid so far. The Malaysian government offers attractive investment incentives for the various promoted products and activities. Moreover, Malaysia is prepared to offer a special package of incentives if projects undertaken entail large additional investments and bring special benefits to the country in terms of upgrading of technology under development and other mu Continue...

And also the instructions to fill the questionnaire. Wan Aziz (1994), discovered that MNCs do more promotion from within and training compared to local firms. References of the literature reviewed and the appendices are attached. The MNCs mostly use Newspaper advertisement to attract local candidates. 7 of the organizations are from servicing sectors and a small percentage is from chemicals, petroleum, coal, rubber and plastic products industry. 0 are from food, beverage and tobacco industry. An expatriate employee is a person from foreign country, which is the parent company of the MNC. However, the high costs and the availability of rapid worldwide transportation, coupled with the host countries demands for hiring and training of local nationals is important. A high percentage of the respondents, 75. 8 indicated that the most prefer to use Newspaper advertisement to attract local candidates and 20.