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The Impact of Human Capital Outsourcing on Human Capital Management Practices in Karachi Pharmaceutical Industry

Author

Listed:
  • Rana Tariq Mehmood1
  • Syed Qamar Ali Zaidi,
  • Muhmmad Sajid
  • Gobind M. Herani

    (Khadim Ali Shah Bukhari Institute of Technology (KASBIT))

Abstract

The aim of this research is to examine relationship between Human Capital Management (HRM) and Human Resource (HR) Outsourcing in the Pharmaceutical sector. The specific objective is to find out that how important is HRM for an Organization to perform its operations more efficiently, and at what level Human Resource Outsourcing is affecting it. Literature review: Literature review shows that HR outsourcing has positive impact on HRM for an Organization to perform its operations more efficiently. Methods: In order to conduct this research the methodology that has been used is quantitative in nature and closed ended Questionnaire was used to collect data. The universe of study was the employees of Pharmaceutical industry in Karachi Pakistan. The responses of each respondent were thoroughly analyzed by using SPSS software, and the results show that there is a negative relationship between the Human Capital Management (Gaining Knowledge, Current Trend of Business Environment, Organization Managing Their Human Asset and Practices and Policies Regarding Human Resource) and HR Outsourcing. Conclusions: It is concluded that all Independent Variables have the strongest Positive correlation with each other. There are lots of constraints, which any organization faces in terms of time, finance and, in some cases factors like strategic focus

Suggested Citation

  • Rana Tariq Mehmood1 & Syed Qamar Ali Zaidi, & Muhmmad Sajid & Gobind M. Herani, 2011. "The Impact of Human Capital Outsourcing on Human Capital Management Practices in Karachi Pharmaceutical Industry," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 5(2), pages 81-99, June.
    • Handle: RePEc:iih:journl:v:5:y:2011:i:2:p:81-99
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    File URL: http://indus.edu.pk/RePEc/iih/journl/8-3-Tariq-IIHE_IIHE-TheImpactofHumanCapitalManagementonHROutsourcinginKarachiPharma-modified.pdf
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    Keywords

    Human Capital Management; Karachi; Pharmaceutical; Outsourcing;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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