Human Resource Management in Family Businesses

Veland Ramadani, Erick P. C. Chang, Ramo Palalić and Esra Memili
Additional contact information
Veland Ramadani: South East European University
Erick P. C. Chang: Arkansas State University
Ramo Palalić: Sultan Qaboos University
Esra Memili: University of North Carolina at Greensboro

Chapter 6 in Entrepreneurial Family Businesses, 2024, pp 117-131 from Springer

Abstract: Abstract This chapter tries to overview the HRM role in private firms, providing the best guide to the whole organization. As a powerful tool, HRM mediates between the top management and employees, providing both sides their satisfaction. Thus, the content of this chapter stresses the general practices in HRM while providing the best ways regarding employees’ welfare, rights, and obligations. Additionally, it describes how private firms try to get the best talents necessary to contribute to firms’ growth and development. Moreover, other motivational means like appraisals, compensation, professional training, and development of employees in private firms are depicted.

Keywords: Human Resource Management (HRM); HRM model; Compensation; Training and development; Onboarding/induction; Employee satisfaction; Business performance; Appraisals; Welfare; Rights and obligations; Selection; Recruiting (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-59261-4_6

Ordering information: This item can be ordered from
http://www.springer.com/9783031592614

DOI: 10.1007/978-3-031-59261-4_6

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().