I-deals as a Human Resource Initiative: Exciting Innovation or Passing Fad?

Arup Varma (), Chun-Hsiao Wang (), Hyun Mi Park () and Parth Patel ()
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Arup Varma: Loyola University Chicago
Chun-Hsiao Wang: National Central University
Hyun Mi Park: Coventry University
Parth Patel: Australian Institute of Business

Chapter Chapter 7 in Idiosyncratic Deals at Work, 2022, pp 143-166 from Springer

Abstract: Abstract As the workplace continuously reinvents itself due to advances in technology, changes in society, and unexpected events like COVID-19, both employers and employees are employing idiosyncratic deals (i-deals)Idiosyncratic deals (i-deals) to allow for flexibility for both sides. This chapter addresses i-deals from a human resources (HR) perspective, by focusing on three critical themes. First, we discuss how organizations effectively institutionalize i-deals, and how such i-deals impact human resource philosophyHuman resource philosophy and practices, given that HR departments often lead the effort to institutionalize such deals through individualized and fair HR practices. Next, we explore how supervisors can make sure that i-deals are fair and effective. Following this, we discuss where i-deals fit in the international human resource management (IHRM) context. A total of fourteen future research directions are identified with particular emphasis on practical HR perspectives. Finally, this chapter constructs a bridge between the two disciplines through drawing upon established literatures from i-deals and IHRM, to extending our current knowledge through both theoretical and practical lenses.

Keywords: I-deals; HR policies; HR practices; Organizational climate; IHRM (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-88516-8_7

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DOI: 10.1007/978-3-030-88516-8_7

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