Abstract
This paper examines the relationship between High-Performance Work System (HPWS) and firmperformance, using 3 years' HCCP panel data in Korea. Firm performance is composed of Human Resource (HR) outcomes such as employee's competencies, motivation, and retention and organizational performance outcomes such as labor productivity and sales per employee. HPWS is divided into 4 different HPWS bundles, that is, education and training bundle, participation bundle, compensation bundle, and evaluation bundle, and the effect of bundles are also examined. According to the empirical results, it is found that HPWS is positively related to HR outcomes and organizational performance outcomes, and it is confirmed that HR outcomes mediates partially the relationship between HPWS and organizational performance outcomes. In the analysis of HPWS bundles, the results show the importance of education and training bundle and evaluation bundle. It is also confirmed that HR outcomes mediates partially the relationship between HPWS bundles and organizational performance outcomes.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
