Journal article
Formal Human Resource Management Practices in Small Growing Firms
Journal of Small Business Management, Vol.43(1), pp.16-40
2005
Abstract
Using data from micro, small, and medium firms in Australia, the paper examines the rate of adoption of formal human resource management (HRM) practices with increasing firm size. The results demonstrate a move toward division of labor, hierarchical structures, increased documentation, and more administrative processes as the number of employees increase. The adoption of formal practices begins early in the growth process, initially at a rapid rate (as a significant percentage of firms implement these practices) and then at a slower rate (as fewer new firms adopt the formal practices). At smaller business sizes HRM practices are less formal for managers than for operatives. The paper concludes that static models cannot be used to portray HRM practices in small firms and that management training and advice for small firms must recognize the diversity of practices associated with various firm sizes.
Details
- Title
- Formal Human Resource Management Practices in Small Growing Firms
- Authors
- B Kotey (Author) - University of New EnglandPeter Slade (Author) - University of the Sunshine Coast - Faculty of Business
- Publication details
- Journal of Small Business Management, Vol.43(1), pp.16-40
- Publisher
- Wiley-Blackwell Publishing Inc.
- Date published
- 2005
- DOI
- 10.1111/j.1540-627X.2004.00123.x
- ISSN
- 0047-2778; 1540-627X
- Copyright note
- Copyright © 2005. This is the accepted version of the following article: Kotey, B; Slade, P (2005), Formal Human Resource Management Practices in Small Growing Firms, Journal of Small Business Management, 43:1, 16-40 which has been published in final form at http://dx.doi.org/10.1111/j.1540-627X.2004.00123.x
- Organisation Unit
- University of the Sunshine Coast, Queensland
- Language
- English
- Record Identifier
- 99449804102621
- Output Type
- Journal article
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- Web Of Science research areas
- Management