Strategic HRM in Downsizing

The application of organizational development values to organizational downsizing can help the organization to avoid changing from regenerative to a degenerative environment. As organizations compete to position themselves in an increasingly competitive environment which constantly threatens their survival, they must plan strategically to recruit and retain the best, most productive employees while working at top efficiency. Continue reading

Strategic Compensation Systems

Compensation refers to all forms of financial returns and tangible services and benefits employees receive as part of employment relationship (Mickovich and Newman 2005). It is an integral part of human resource management. A strategic perspective on compensation focuses on the patterns of compensation decisions that are critical to the performance of the organization. Continue reading