The Impact of Human Resource Management Practices on Turnover, Productivity, and Corporate Financial Performance

Published on Jun 1, 1995in Academy of Management Journal7.191
· DOI :10.5465/256741
Mark A. Huselid21
Estimated H-index: 21
(RU: Rutgers University)
This study comprehensively evaluated the links between systems of High Performance Work Practices and firm performance. Results based on a national sample of nearly one thousand firms indicate that these practices have an economically and statistically significant impact on both intermediate employee outcomes (turnover and productivity) and short- and long-term measures of corporate financial performance. Support for predictions that the impact of High Performance Work Practices on firm performance is in part contingent on their interrelationships and links with competitive strategy was limited. The impact of human resource management (HRM) policies and prac
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INTRODUCTION ......... 238 The Need jor Understanding Hwnan Resource Management (HRM) in Context ... 238 Theoretical Perspectives Relevant to Understanding HRM in Context 238 REVIEW OF EMPIRICAL RESEARCH 244 HRM and the Internal Contexts of Organizations .... . . . . . . . . . . . . . . . . . . . . 244 HRM and the External Contexts oj Organizations 248 AN INTEGRATIVE PERSPECTIVE FOR RESEARCH ON HRM IN CONTEXT . . . . . . . . . . . . . . 253 Theory-Driven Research 255 Methodological Issues 256
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