Human resource management and corporate performance in the UK.
The relationship between HRM and performance was explored in 366 UK companies using objective and subjective performance measures and cross-sectional and longitudinal data. Using objective measures of performance, greater use of HRM is associated with lower labour turnover and higher profit per empl...
Main Authors: | , , , |
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Format: | Journal article |
Language: | English |
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Blackwell Publishing Ltd.
2003
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_version_ | 1797053629648076800 |
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author | Guest, D Michie, J Conway, N Sheehan, M |
author_facet | Guest, D Michie, J Conway, N Sheehan, M |
author_sort | Guest, D |
collection | OXFORD |
description | The relationship between HRM and performance was explored in 366 UK companies using objective and subjective performance measures and cross-sectional and longitudinal data. Using objective measures of performance, greater use of HRM is associated with lower labour turnover and higher profit per employee but not higher productivity. After controlling for previous years’ performance, the association ceases to be significant. Using subjective performance estimates, there is a strong association between HRM and both productivity and financial performance. The study therefore confirms the association between HRM and performance but fails to show that HRM causes higher performance. |
first_indexed | 2024-03-06T18:46:21Z |
format | Journal article |
id | oxford-uuid:0ea80f80-e639-4d99-a192-3c820e31b89c |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-06T18:46:21Z |
publishDate | 2003 |
publisher | Blackwell Publishing Ltd. |
record_format | dspace |
spelling | oxford-uuid:0ea80f80-e639-4d99-a192-3c820e31b89c2022-03-26T09:46:59ZHuman resource management and corporate performance in the UK.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:0ea80f80-e639-4d99-a192-3c820e31b89cEnglishDepartment of Economics - ePrintsBlackwell Publishing Ltd.2003Guest, DMichie, JConway, NSheehan, MThe relationship between HRM and performance was explored in 366 UK companies using objective and subjective performance measures and cross-sectional and longitudinal data. Using objective measures of performance, greater use of HRM is associated with lower labour turnover and higher profit per employee but not higher productivity. After controlling for previous years’ performance, the association ceases to be significant. Using subjective performance estimates, there is a strong association between HRM and both productivity and financial performance. The study therefore confirms the association between HRM and performance but fails to show that HRM causes higher performance. |
spellingShingle | Guest, D Michie, J Conway, N Sheehan, M Human resource management and corporate performance in the UK. |
title | Human resource management and corporate performance in the UK. |
title_full | Human resource management and corporate performance in the UK. |
title_fullStr | Human resource management and corporate performance in the UK. |
title_full_unstemmed | Human resource management and corporate performance in the UK. |
title_short | Human resource management and corporate performance in the UK. |
title_sort | human resource management and corporate performance in the uk |
work_keys_str_mv | AT guestd humanresourcemanagementandcorporateperformanceintheuk AT michiej humanresourcemanagementandcorporateperformanceintheuk AT conwayn humanresourcemanagementandcorporateperformanceintheuk AT sheehanm humanresourcemanagementandcorporateperformanceintheuk |