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The "suite" smell of success: complementary personnel practices and firm performance

Richard Fabling and Arthur Grimes

No DP2009/13, Reserve Bank of New Zealand Discussion Paper Series from Reserve Bank of New Zealand

Abstract: How do personnel practices affect firm performance?To examine this issue we use a panel of over 1,500 New Zealand firms, drawn from a diverse range of industries.The panel comprises respondents to official surveys of management practices in 2001 and 2005. These surveys ask a wide range of comparable qualitative questions covering organisational practices including human resource management (HRM). To this panel, we link longitudinal firm performance data from Statistics New Zealand's Longitudinal Business Database. We find that suites of complementary HRM-related practices impact positively on firm productivity and wages; effects on employee turnover depend on the practices considered.

JEL-codes: D21 L20 O31 (search for similar items in EconPapers)
Pages: 38 p
Date: 2009-12
New Economics Papers: this item is included in nep-bec
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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