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HRM Practices and its Impact on Employee Performance: A Study on the Cement Industry in Bangladesh

Global Disclosure of Economics and Business

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Title HRM Practices and its Impact on Employee Performance: A Study on the Cement Industry in Bangladesh
 
Creator Akhter, Mst. Momena
Siddique, Md. Nur-E-Alam
Alam, Md. Asraful
 
Subject Employees performance, HRM Practices, Performance Appraisal, work life balance, Training and Development, leadership practices, career development
 
Description In present situation, companies can gain strong competitive advantage through applying effective and efficient human resource practices. If the human resources are managed properly, they can contribute to the success for the company. The effective management of human resource is possible through the implementation of sound HRM practices. . The main objective of this research is studying the impact of HRM practices on employee performance in the context of cement industry in Bangladesh.  For this purpose the researchers have tried to investigate impact of the various components of HRM practices on employee performance of a sample of 160 employees from seven cement companies listed in the Dhaka Stock Exchange. The data were analyzed by a regression analysis to determine the impact of HRM practices on employee performance. The result shows that training & development and opportunity for career development have a significant positive impact on employee performances. On the other hand, Performance appraisal, Compensation & Benefits, and Leadership Practices have a positive impact on employee performance but the impact is not significant in the context of cement industry in Bangladesh. Moreover, work life balance has a negative impact on employee’s performance. Furthermore, efficient management of human resources can increase the performance of the employees of the cement companies in Bangladesh.JEL Classification Code: M12, J53  Handle: http://hdl.handle.net/20.500.11903/gdeb.v2n2.11
 
Publisher i-Proclaim
 
Contributor
 
Date 2013-12-17
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://i-proclaim.my/archive/index.php/gdeb/article/view/148
 
Source Global Disclosure of Economics and Business; Vol 2, No 2 (2013): 4th Issue; 192-199
2307-9592
2305-9168
 
Language eng
 
Relation http://i-proclaim.my/archive/index.php/gdeb/article/view/148/146
 
Rights Copyright (c) 2016 Mst. Momena Akhter, Md. Nur-E-Alam Siddique, Md. Asraful Alam
http://creativecommons.org/licenses/by-nc/4.0