Job Roles And Experience in Comprehending the Mechanics of Employment Contracts in Multinational Corporations
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Job Roles And Experience in Comprehending the Mechanics of Employment Contracts in Multinational Corporations
Jenifer V1, Senthil S2, Pramila C3
1Assistant Professor, School of Commerce and International Business, Dr.G.R.Damodaran College of Science,
Coimbatore – 641014
2Assistant Professor, School of Commerce and International Business, Dr.G.R.Damodaran College of Science,
Coimbatore – 641014
3Assistant Professor, School of Commerce and International Business, Dr.G.R.Damodaran College of Science,
Coimbatore – 641014
Abstract
Purpose – In today's international business climate, several factors, including labor market dynamics, influence employment contracts in multinational corporations (MNCs). Understanding these factors is essential to comprehending how multinational corporations (MNCs) construct personnel agreements. This study aims to identify the key factors that influence the type of employment contracts workers at multinational corporations (MNCs) execute. Design/methodology/approach – This study utilizes a quantitative research design, gathering data through standardized questionnaires administered to 252 employees from multinational corporations in India and internationally, selected through simple random sampling to assure diverse representation. We employed multinomial logistic regression to examine thedeterminants affecting work contracts. We conducted all statistical studies using SPSS to ensure precise and thorough results.Findings – The model indicates that job role is the primary determinant in forecasting an employee's possession of a permanent contract, with managerial positions exhibiting the greatest probability of obtaining long-term employment. Experience is also a contributing factor, especially for employees with 0–2 years of tenure. Nevertheless, the amount of education did not exert a statistically significant influence on the type of contract. Originality/value – The study shows how job responsibilities, education, and experience affect MNC employmentcontracts, providing HR advice on recruiting and retention and contributing to workforce flexibility research.
Keywords Career, Contract, Employment, Skills, Multinationals, Satisfaction Papertype Research paper
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