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All Journal International Journal of Accounting, Business, and Economic Policy
Wilchan Robain
Management Study Program, Faculty of Social Science, Universitas Pembangunan Panca Budi Medan, Indonesia

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Optimizing Human Resource Management to Realize Competitive Advantage in the Global Era Wilchan Robain; Bonita Thalasagi; Namira Azahra Utami; Zulfa Ardila; Widya Tri Astuti
International Journal of Accounting, Business, and Economic Policy Vol. 1 No. 2 (2025): April
Publisher : CV Projurnal Mitra Publikasi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66324/ijabep.v1i2.13

Abstract

In the age of global competition, the key to a company's success lies in its human resources. The phenomenon of globalization has led to competition in multiple areas including economic, social, cultural, political, and environmental spheres. As advancements continue to be made in these fields, companies are now finding it necessary to seek out skilled and capable employees to drive their success and maintain a competitive edge in the market. This study delves into how the strategic function of human resource management impacts businesses, taking into account how vital human resources are for a company's edge in the market. The aim of this article is to assess the progress of research in this area. The methodology employed in this study involves an exploratory tactic utilizing library research, examining various articles from both local and global publications. The findings of the study indicate that the image and reputation of an organization can be influenced by the actions of human resources. In today's technologically advanced world, information about companies is readily available to a large audience. Demonstrating professional, ethical, and responsible conduct in HR fosters trust and satisfaction among customers, employees, and other stakeholders. Therefore, the significance of human resource management strategy in promoting competitive advantage in the globalized world cannot be underestimated.
Global Talent Management: Employee Retention Strategies in Multinational Company Vina Sasmita; Melody Try Yana; Salsa Nabila; Sherly Anesha; Khalida Zia Zuriana; Wilchan Robain
International Journal of Accounting, Business, and Economic Policy Vol. 1 No. 2 (2025): April
Publisher : CV Projurnal Mitra Publikasi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66324/ijabep.v1i2.17

Abstract

Employee retention, particularly in the context of multinational corporations, is a complex challenge that is influenced by various factors, including organizational culture, compensation, career development opportunities, and work-life balance. This research aims to understand how multinational companies can improve employee retention in an increasingly complex global environment. The writing of this research utilizes literature review data collection of various reports, publications, or news about talent management, specifically related to employee retention improvement strategies. The results show that effective retention strategies involve a combination of intrinsic and extrinsic factors. Intrinsic factors include career development, performance recognition, and a strong organizational culture. Meanwhile, extrinsic factors include competitive compensation, attractive benefits, and work flexibility. Employee retention is a strategic approach that organizations use to persuade their employees to stay committed and loyal to the company.
Co-Authors Bonita Thalasagi Khalida Zia Zuriana Melody Try Yana Namira Azahra Utami Salsa Nabila Sherly Anesha Vina Sasmita Widya Tri Astuti Zulfa Ardila