Abstract
The purpose of this research was to study the association of human resource management and the increase of productivity of small and medium-sized enterprises in Thailand. The study was conducted in the sample group which included owners of 269 small and medium-sized enterprises in Thailand using questionnaires. The statistics used in the research were frequency, percentage, mean, standard deviation, One-way ANOVA, multiple correlation analysis, and multiple regression analysis. The research revealed that the association between human resource management and productivity increase of small and medium enterprises in Thailand was found at a relatively high level. When testing the impact of human resource management on productivity, it was found that human resource management in the areas of recruitment, rewarding, and the protection and maintenance of human resources have an impact on productivity increase of small and medium-sized enterprises in Thailand.
Highlights
Amidst the changing economic conditions in this region and in the world, competitions become borderless and more intense
It was found that the relationship between human resource management and the increase of productivity of small and medium-sized enterprises in Thailand was at a relatively high level (R values ranged between 0.61 - .80)
It means that; personnel and organization development that were in line with the businesses’ goals, the businesses encouragement of their employees to have the opportunity to increase their knowledge, skills and experience for career advancement and promotion, and a system to protect and maintain knowledgeable and skilled human resources within the organization, all had a direct positive effect on the productivity increase of small and medium-sized enterprises in Thailand. This finding is in accordance with the research of Guest, Michie, Conway, and Sheehan, which had studied the impact of strategic human resource services on organizational performance by using 9 human resource management practices as independent variables, including 1) recruitment and selection, 2) training and human resource development, 3) performance evaluation, 4) financial flexibility, 5) position design, 6) 2-way communication, 7) employment stability and internal staff’s prioritized selection, 8) equality and unity within the organization, and 9) the quality of personnel
Summary
Amidst the changing economic conditions in this region and in the world, competitions become borderless and more intense. By increasing the ability to compete in organizations - such as industrial factories, state enterprises, offices, and institutions, as well as increasing productivity at the family and individual levels, it will enhance the competitiveness and bring the nation a more competitive advantage in the world market. It will benefit in the progress of national economic development and the wellbeing of every member of the nation. Improving productivity is not a goal in itself, it is a method to achieve the ultimate goal, which is to raise the standard of living and to improve the quality of life of people in the country [3, 4]
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
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.
