The Relationship between the Level and Modality of HRM Metrics, Quality of HRM Practice and Organizational Performance
AbstractThe paper explores the relationship between the way organizations measure HRM and overall quality of HRM activities, as well as the relationship between HRM metrics used and financial performance of an organization. In the theoretical part of the paper modalities of HRM metrics are grouped into five groups (evaluating HRM using accounting principles, evaluating HRM using management techniques, evaluating individual HRM activities, aggregate evaluation of HRM, and evaluating HRM department). In the empirical part of the paper researched concepts are assessed through questionnaires distributed to Croatian organizations with more than 500 employees. Respondents (HRM managers) provided information about HRM metrics their organizations use, overall quality of HRM practice, and financial performance of their organizations. Based on the acquired data, relationships between modality of HRM metrics, quality of HRM and organizational performance are explored.
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Bibliographic InfoPaper provided by Faculty of Economics and Business, University of Zagreb in its series EFZG Working Papers Series with number 1109.
Date of creation: 01 Dec 2011
Date of revision:
HRM metrics; HRM evaluation; HRM quality; organizational performance; Croatia;
Find related papers by JEL classification:
- M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executive Compensation
- M5 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-27 (All new papers)
- NEP-BEC-2012-02-27 (Business Economics)
- NEP-CSE-2012-02-27 (Economics of Strategic Management)
- NEP-HRM-2012-02-27 (Human Capital & Human Resource Management)
- NEP-LAB-2012-02-27 (Labour Economics)
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