Human Resource Management Practices of Argentina

BUS 601.2 : Human Resource Management Group- I

Argentina: The land of Silver

Fast Facts
Official Name: Argentine Republic Capital: Buenos Aires Population: 40.6 million (UN, 2010) Area: 1,073,518 square miles GDP growth (annual %): 9.2%1 GDP per capita (current US$) : $9,1242 Official Languages: Spanish Money: Argentine peso Industry: Food processing, motor vehicles, consumer durables, textiles Agriculture: Sunflower seeds, lemons, soybeans; livestock Exports: Edible oils, fuels and energy, cereals, feed, motor vehicles
1World

Development Indicators, 2011

ibid

Influence of national culture on HRM practices

Hofstedes Cultural Dimensions

Power distance Power-distance refers to the extent to which less powerful members expect and accept unequal power distribution within a culture.

PDI score :49

86

Business organisations in Argentina tend to be hierarchical. Decisions and ideas are generated at the top of the company. Status is important in Argentine society and respect should be given to supervisors and work colleagues.

49

56 46

Influence of national culture on HRM practices

Hofstedes Cultural Dimensions

Individualism Individualism is the degree to which people of one country prefer acting individually rather than as member of a group. The dimension opposite to individualism is collectivism
Argentineans expect and prefer cordial and affective interactions at work Personal relationships are highly valued Loyalty, trust, organizational flexibility, and administrative efficiency grows work group orientation and group collaboration

IDV score: 46
Score 86

49

46

56

UAI

PDI

IDV MAS

Influence of national culture on HRM practices

Hofstedes Cultural Dimensions

Masculinity The masculinity dimension, whose opposite is femininity, concerns the degree to which values for assertiveness, performance, success, or competition are manifested in society.
86

MAS score: 56
49

46

56

Argentine womens participation in the labour market has increased sharply women went to work because of the economic crises, and had to take informal or precarious jobs. There are more women in positions of authority Less occupational segregation than in many countries.

UAI

PDI

IDV

MAS

Influence of national culture on HRM practices

Hofstedes Cultural Dimensions

Uncertainty avoidance The extent to which members of a society feel threatened by uncertain or unknown situations
UAI score: 86

Argentines value
certainty and stability. Strict rules, laws, policies, and regulations are adopted and implemented Workers typically prefer specific instructions and close supervision Catholic countries have a low tolerance for ambiguity

86 49 46 56

UAI

PDI

IDV

MAS

Argentinean organizations have one of the best management practices in the region. According to the scholars, effective personal and social

Modern HRM Practices

Traditiona l HRM Practices

relationships are the key to successful HRM practices in

this economically expanding region. Combining HYBRID Management Model

Many corporations in Argentina (TELMEX, Teneris)

have developed a key HR practice which is known as HYBRID management model.

Identify Vacancy

Managing the response

Prepare Job Description

Short-listing

Advertising the vacancy

Arrange Interview Conducting Interviews

1. Screening Applicants 2. Arranging the Interview

6. Reference Checks 7. Criminal Background Check 8. Drug screening 9. Disqualification of Applicants 10. Employment Offer

3. The Interview
4. Selection Test 5. Hiring decision

11. Post Interview

To the scholars these ideas are often

considered to be synonymous. To practitioners, they encompass three

separate, although interrelated, activities:

Training

Education
Development

Like all other Latin American countries, Argentine companys Training and development encompasses three main activities: training, education, and

development.

Performance Appraisal

Business goal

Oracle performance management

Growth strategy

Performance Appraisal
Define and track

OPM

Align individual objectives Evaluate competencies and progress

Feedback

Cascade

Compensation and Benefits

Provided by State
Universal old- age pensions (PBU) Compensatory payment (PC) Old system pension (OSP) Advance age pension (PEA)

Others
Paternity benefits Family allowances

Industrial Relation
Minimum Salary Collective bargaining
Work Day and Week 8 hours and 48 hours

Overtime charge 50% on week days and 100% on holidays

Strike legal strike illegal strike

Profit sharing constitutional clause

Thank you!!! Question???