Journal
HUMAN RESOURCE MANAGEMENT
Volume 53, Issue 4, Pages 527-544Publisher
WILEY PERIODICALS, INC
DOI: 10.1002/hrm.21606
Keywords
HRM content and process; collective employee reactions; organizational performance; financial and economic crisis; Greece
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This study investigates the impact of a human resource management (HRM) system, which integrates both content and process of human resource (HR) practices, on organizational performance, through collective employee reactions. The analysis is based on a sample of 1,250 Greek employees working in 133 public- and private-sector organizations, which operate in the present context of severe financial and economic crises. The findings of the structural equation modeling suggest that content and process are two inseparable faces of an HRM system that help to reveal a comprehensive picture of the HRM-organizational performance relationship. Based on the findings that collective employee reactions mediate the HRM content (i.e., organizational performance relationship) and HRM process moderates the HRM content (i.e., employee reactions relationship), the study has several theoretical and practice implications. (C) 2014 Wiley Periodicals, Inc.
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