Developed human resource management practices in Macedonian companies
Developed human resource management practices in Macedonian companies
Author(s): Biljana Angelova, Irina MajovskiSubject(s): Economy
Published by: Економски институт - Скопје
Keywords: strategic human resource management; human resource management practices; organizational performance.
Summary/Abstract: The increasingly important strategic role of human resource management (HRM) in the competitive advantage of companies led to extensive research of HRM systems and their impact on organizational performance in the last two decades. This paper, therefore, aims to highlight current HRM practices in Macedonia compared to western HRM systems. Research findings suggest that rigorous selection, training and performance-related pay are incorporated HRM practices in Macedonian companies. However, they are not sufficient to construct a strategic HRM system. Thus, much remains to be done for strategic integration of human resource management function in Macedonian companies.
Journal: Економски Развој - Economic Development
- Issue Year: 12/2010
- Issue No: 3
- Page Range: 21-32
- Page Count: 12
- Language: English