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Explaining differences in HRM practices between family and non-family SMEs

conference contribution
posted on 06.12.2017, 00:00 by B Kotey, David GadenneDavid Gadenne
This study investigates differences in particular HRM practices in small and medium family and non-family firms relating to employee training, compensation levels, job security and the consequent influence of these differences on productivity. Differences in employee training and development, compensation and productivity were observed at both small and medium levels, with non-family firms providing more training and wages for their employees and gaining more productivity from them than family firms. Higher employee productivity in non-family firms confirms a closer alignment of compensation with employee performance in these firms. The findings confirm a paternalistic culture and relatively high informal HRM practices for family firms, and highlight the difference between family and non-family firms in the extent to which various human resource factors motivate employees to perform.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Start Page

1

End Page

22

Number of Pages

22

Start Date

01/01/2004

ISBN-10

1741070740

Location

Brisbane, Qld.

Publisher

QUT Publications

Place of Publication

Brisbane, Qld.

Peer Reviewed

Yes

Open Access

No

External Author Affiliations

Conference; Faculty of Business and Law; TBA Research Institute; University of New England;

Era Eligible

Yes

Name of Conference

Small Enterprise Association of Australia and New Zealand. Conference

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