PHWP: Abstract Detail: The impact of human resource management practices on turnover, productivity, and corporate financial performance

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Title

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

Author Huselid, M. A.
Source Academy of Management Journal
Source Type Journal Article
Summary

This study examined the relationship between high perforrmance work practices (e.g., employee recruitment and selection procedures, incentive compensation, performance management systems, employee involvement, and training) on firm performance. Based on data from professionals representing 968 firms, the results indicated that the practices had a significant effect on turnover, productivity, and financial employment.

Keywords Employee Productivity, Employee Turnover, Organizational Behavior, Organizational Effectiveness, Human Resource Management
Reference

Huselid, M. A. (1995). The impact of human resource management practices on turnover, productivity, and corporate financial performance. The impact of human resource management practices on turnover, productivity, and corporate financial performance, Academy of Management Journal, 38, 635-672.

"When you have a high level of employee involvement in regards to the decision-making and problem-solving; and, when employees know that they are not alone to deal with their personal issues; and, when they see opportunities to become healthier with their employer's help; then, that business will be able to count on its greatest resource, its employees."

Glenn McFadden
Executive Vice President of Operations
The Comporium Group