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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| Other Authors: | |
| Format: | Journal article |
| Language: | English |
| Published: |
Blackwell Publishing Ltd.
2003
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| Subjects: |
| _version_ | 1797057024653000704 |
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| author | Guest, D Michie, J Conway, N Sheehan, M |
| author2 | London School of Economics |
| author_facet | London School of Economics 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 | 2024-03-06T19:30:37Z |
| format | Journal article |
| id | oxford-uuid:1d55fd26-44ab-4805-801b-908f259435b3 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T19:30:37Z |
| publishDate | 2003 |
| publisher | Blackwell Publishing Ltd. |
| record_format | dspace |
| spelling | oxford-uuid:1d55fd26-44ab-4805-801b-908f259435b32022-03-26T11:10:11ZHuman resource management and corporate performance in the UKJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:1d55fd26-44ab-4805-801b-908f259435b3Human resource managementEnglishOxford University Research Archive - ValetBlackwell Publishing Ltd.2003Guest, DMichie, JConway, NSheehan, MLondon School of EconomicsThe 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 | Human resource management 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 |
| topic | Human resource management |
| work_keys_str_mv | AT guestd humanresourcemanagementandcorporateperformanceintheuk AT michiej humanresourcemanagementandcorporateperformanceintheuk AT conwayn humanresourcemanagementandcorporateperformanceintheuk AT sheehanm humanresourcemanagementandcorporateperformanceintheuk |