International human resource management mini essay

International human resource management mini - Essay Example Multinational companies often integrate corporate social responsibility into their business model, which regulates the actions of the firm. In short, corporate social responsibility guides a corporation in having a positive impact in all its activities. This impact is based on how the company treats the environment, its consumers, its employees, stakeholders, communities and other members of society. Through corporate social responsibility, companies develop and promote their principles and standards. These principles and standards are for both the internal and external actors. The International Labour Organization (ILO) considers corporate social responsibility as a company’s contribution to promoting decent work agendas to its employees. This principle is central in ILO’s efforts of promoting progress in the economic and social realms (Deakins, 1995, p214). The ILO has set standards for CSR policies, which guide companies in developing their principles Several incidences concerning the violation of working conditions among multinational companies prompted the ILO to promote the improvement of employees working conditions (Sengenberger, 2006, p32). The Bangladesh incident in 2013 resulted in heated discussions concerning the labour standards among workers of multinational companies. This is not the first case where multinational companies have provided poor working conditions for their employees. In the past China and Vietnam have had similar cases, where multinational companies provided sub-standard labour conditions for their employees. The ILO popularized Corporate Social Responsibility as a way of improving the labour standards of multinational companies (Sachdev, 2011, p121). To ensure minimum labour standards are met in international trade, the ILO has integrated a social clause in all trade agreements. However, developing countries oppose this clause despite its