The impact of human resource management practices on turnover, productivity, and corporate financial performance

Article Abstract:

This study comprehensively evaluated the links between systems of High Performance Work Practices and firm performance. Results based on a national sample of nearly one thousand firms indicate that these practices have an economically and statistically significant impact on both intermediate employee outcomes (turnover and productivity) and short- and long-term measures of corporate financial performance. Support for predictions that the impact of High Performance Work Practices on firms performance is in part contingent on their interrelationships and links with competitive strategy was limited. (Reprinted by permission of the publisher.)

Analysis, Industrial productivity, Employee turnover

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Technical and strategic human resource management effectiveness as determinants of firm performance

Article Abstract:

We evaluated the impact of human resource (HR) managers' capabilities on HR management effectiveness and the latter's impact on corporate financial performance. For 293 U.S. firms, effectiveness was associated with capabilities and attributes of HR staff. We also found relationships between HR management effectiveness and productivity, cash flow, and market value. Findings were consistent across market and accounting measures of performance and with corrections for biases. (Reprinted by permission of the publisher.)

Technological innovations, Strategic planning (Business)

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The impact of human resource management practices on perceptions of organizational performance

Article Abstract:

In 590 for-profit and nonprofit firms from the National Organizations Survey, we found positive associations between human resource management (HRM) practices, such as training and staffing selectivity, and perceptual firm performance measures. Results also suggest methodological issues for consideration in examinations of the relationship between HRM systems and firm performance. (Reprinted by permission of the publisher.)

Perception, Perception (Psychology)

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