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About The Effectiveness of More Advanced Human Resource Systems in Small Firms
This study analyzes the effectiveness of more advanced human resource (HR) systems in small Dutch pharmacy firms. The study finds: 1) The introduction of more advanced "High Quality" HR systems in small pharmacy firms, focusing on developing a competent workforce, did not increase firm productivity compared to less formal HR practices. 2) Employees in firms with both basic and advanced HR systems experienced significantly higher wages compared to firms without formal HR practices. 3) The findings suggest that in small micro firms, formal HR practices may be less important than personal relationships between employers and employees in impacting firm performance. Formal HR systems do not provide clear benefits to offset their higher costs in small firms.
Detailed Information
| Author: | ['Rizal Haron'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 16 |
| Language: | English |
| Format: | |
| Price: | FREE |
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