¶ … Strategic Human Resource Management in Small and Growing Firms: Aligning Valuable Resources" by Michael B. Hargis and Don B. Bradley (July 2011)
Citation/Source:
Hargis, M. B. & Bradley, D. B. (2011, July). Strategic human resource management in small and growing firms: Aligning valuable resources. Academy of Strategic Management Journal, 10(2), 105-110.
Major Thesis
According to Hargis and Bradley, there is a growing body of evidence that many of the same types of human resource management challenges that are experienced by larger corporations are no different than those encountered by smaller firms, including the need to identify optimal compensation and reward packages that will help recruit and retain talented employees. At present, though, there remains a dearth of timely and relevant research concerning the impact that human resource management practices have on the performance of small companies. To help fill this gap in the body of knowledge, Hargis and Bradley review and evaluate the types of compensation and reward practices that are used by independent small business owners based on a national sample.
The findings that emerged from this study confirmed a relationship between effectively administered strategic compensation plans and overall performance in the small companies reviewed. In addition,...
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