Marketing

Human resources

Accounting

Organizational effectiveness

Economics

Turnover

Business

Human resource management

Management

Productivity

Economic growth

Employee motivation

Academy of Management Journal

This paper comprehensively examined the linkages between systems of High Performance Work Practices and firm performance. Results based on a national sample of nearly one thousand firms indicate that these practices have an economically and statistically significant impact on both intermediate outcomes (turnover and productivity) and short- and long-term measures of corporate financial performance. Support for the predictions that the impact of High Performance Work Practices is in part contingent on their interrelationships and links with competitive strategy was limited.

The Impact Of Human Resource Management Practices On Turnover, Productivity, And Corporate Financial Performance