Abstract
In this article, it is argued that the firm-specificity of employee competences and the measurability of their individual productivity require different human resource management practices with regard to planning and acquisition, compensation, and control of such resources. On this basis, elements that can be building blocks in a future normative economic theory of human resource management are presented in the form of empirically testable propositions about variations in firms' management of human resources, under the assumption that economic rationality is sought after. Finally, critical aspects of the logic of the presentation are discussed.
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.
