Exploring the best HRM Practices-Performance relationship: An empirical approach from Pakistan

Dr. Ghulam Akbar; Kashif Shahzad; Kamran Arshad

Authors

Dr. Ghulam Akbar Author
Kashif Shahzad Author
Kamran Arshad Author

Keywords:

Knowledge, Workplace training, Organizational Performance, Capabilities, Pakistan

Abstract

This study examines the connection between organizational performance in Pakistan and Human Resource Management (HRM) practices. It investigates the relationship between corporate success and HRM practices such hiring and selection, training and development, pay, performance reviews, and employee engagement. This study offers insights into the efficacy of HRM practices in the business sector using empirical data from Pakistani industries. Effective HRM practices and enhanced organizational performance are strongly correlated, according to statistical analysis. Recommendations for improving HRM tactics for long-term company growth in Pakistan are included in the paper's conclusion. Both descriptive statistics and structural equation modeling (SEM) were used to assess the data. This study aims to answer the topic of "how" good HRM practices can impact performance. The results show that the finest HRM approaches, when combined with knowledge management, organizational learning capacity, and organizational capability development, improve the performance of commercial and service organizations. The study's use of subjective performance indicators, measurement of organizational capacities, and small sample size could all be disadvantages.

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