The Effect of Human Resources Management Practices On the Firms Productivity and Profitability
Author(s)
Zaeema Asrar Mohiuddin , Syed Salman Ali , Rizwan Malik ,
Download Full PDF Pages: 94-106 | Views: 1432 | Downloads: 336 | DOI: 10.5281/zenodo.3484281
Abstract
The concept of Human Resources Management has increased in the strategies of companies. Indeed, now companies are searching for new practices to improve its performance, productivity and the position of competitiveness. Moreover, Human Resources Management is an important tool for organizational competitiveness. This paper examined the impact of the key practice of human resources management, i.e., Communication on the firm's Productivity and Profitability. This research is conducted in Karachi Textile Industry, and respondents are selected by random sampling technique and responses were collected with the help of close ended questionnaires. Communication is taken as an independent variable and firm`s Productivity, and Profitability took as dependent variables. Quantitative and Qualitative research approaches are used to examine the impact of HRM Practices on the dependent variables. Two hypothesis was constructed. To test the hypothesis, a regression analysis was used. The results showed that both hypotheses were accepted. Communication has a significant impact on both, firm`s productivity and profitability. In this study, SPSS 18 was used. This study also helps us to understand the significance of Communication and its impact on the mention of dependent variables. The result of this study can be useful for business practitioners and as well as academics who are interested in the Karachi textile Milan ls
Keywords
Human Resources Management, Communication, Productivity, Profitability
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