Essay On HRM
HUMAN RESOURCE
MANAGEMENT
ASSIGNMENT # 2
SUBMITTED TO : Ma’am Sarah Aslam
SUBMITTED BY : Mehak Fatima
SEMESTER : 5
SECTION : B
INTRODUCTION
This article is basically about the impact of human resource management (HRM) practices on turnover, productivity and corporate financial performance, how HRM practises effect these. How it effects an individual and a firm’s performance .The methods used to collect the information, the scale that is used, the kind of systems and concepts fit for it, what could be the best practice and how they will result.
MAIN POINTS SUMMERIZED
It is one of the important topic regarding HRM field, industrial relations and organisational psychology.
Practices such as high performance
…show more content…
The use of performance appraisals and linking such appraisals and compensations has been consistently connected with increased productivity of a firm.
HRM practices have both positive and negative effect on turnover and productivity but have little control over firm’s profitability.
Many different sort of hypothesis were suggested regarding such topics. But the most appropriate one was “Alignment of firms high performance work practices with its competitive strategies will diminish employees turnover ad increases productivity and corporate financial
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