Authors : Rohan Singh, Ayasa Kanta Mohanty and Madhumita Mohanty
Abstract: In the context of the current global scenario HR practices play a very important role for increasing or decreasing the performances of employees which further affects the organizational performances. The objective of this study is to examine the impact of two factors of HR practices namely recruitment and selection and compensation practices on perceived employee and organizational performances in respect of service and manufacturing organizations of India. Data was collected through survey questionnaire from the service firms 105 and manufacturing firms 219 like banks (public and private) insurance firms, automobile firms, fertilizer industries, pharmaceutical firms, luxury item industries of India. This study provides evidence that there is a positive link between two factors of HR practices recruitment and selection and compensation practices with perpetual performances of employee and organization. As recruitment and selection and compensation practices are a good predictor of perceived employee and organizational performances, the industries (both service and manufacturing sectors) should pay attention to these two HR practices in order to ensure superlative performance. This study provides a direction for future research by suggesting increasing the data samples.
Rohan Singh, Ayasa Kanta Mohanty and Madhumita Mohanty, 2018. Impact of Recruitment and Selection and Compensation Practices on Perceived Employee and Organizational Performance in Indian Service and Manufacturing Organizations. International Business Management, 12: 1-9.