Human resource management and corporate performance in the UK

Guest, David, Michie, Jonathan, Neil, Conway and Sheehan, Maura (2003) Human resource management and corporate performance in the UK British Journal of Industrial Relations, 41 (2). pp. 291-314. ISSN 1467-8543

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The relationship between HRM and performance was explored in 366 UK companies using objective and subjective performance measures and cross-sectional and longitudinal data. Using objective measures of performance, greater use of HRM is associated with lower labour turnover and higher profit per employee but not higher productivity. After controlling for previous years' performance, the association ceases to be significant. Using subjective performance estimates, there is a strong association between HRM and both productivity and financial performance. The study therefore confirms the association between HRM and performance but fails to show that HRM causes higher performance.

Item Type: Journal article
Subjects: N000 Business and Management > N200 Management studies
DOI (a stable link to the resource): 10.1111/1467-8543.00273
Faculties: Brighton Business School
Depositing User: business editor
Date Deposited: 22 Feb 2008
Last Modified: 25 Jun 2013 15:10

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