The Impact of Human Resource Management Practices on Turnover and Productivity
Published: 2014
Author(s) Name: Jaya Bhalla, P. K. Giri |
Author(s) Affiliation: National Institute of Financial Management, Faridabad, Haryana, India.
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Abstract
This research study reviewed the impact of Human Resource Management practices on employee turnover and productivity. Competitive business environment has put immense pressure on the Human Resource Management to defend its existence. As such the Human Resource Management practices must demonstrate that it can add value and deliver results to the companies and its shareholders. It means, the Human Resource Management practices should and retain excellent employees who, in turn, will enable a firm to provide high quality products and services. However, the contribution of human resource management to the firms performance is being debated and number of scholars has stressed the need to view human resource management practices from strategic perspective.
Keywords: Human Resource Practices, Turnover, Productivity
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