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THE IMPACT OF HUMAN RESOURCE …

Academy of management Journal1995, Vol. 38, No. 3, 635 IMPACT OF HUMAN RESOURCEMANAGEMENT PRACTICES ON TURNOVER,PRODUCTIVITY, AND CORPORATEFINANCIAL PERFORMANCEMARK A. HUSELIDR utgers UniversityThis study comprehensively evaluated the links between systems ofHigh Performance Work Practices and firm performance. Resultsbased on a national sample of nearly one thousand firms indicate thatthese practices have an economically and statistically significant im-pact on both intermediate employee outcomes (turnover and produc-tivity) and short- and long-term measures of corporate financial per-formance. Support for predictions that the IMPACT of High Perfor-mance Work Practices on firm performance is in part contingent ontheir interrelationships and links with competitive strategy was IMPACT of HUMAN RESOURCE management (HRM) policies and prac-tices on firm performance is an important topic in the fields of HUMAN re-source management , industrial

636 Academy of Management Journal June Arguments made in related research are that a firm’s current and po-tential human resources are …

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