7 HR best practices

The 7 Human Resource best practices presented below have been proposed by Jeffrey Pfeffer. Pfeffer wrote two books on this topic:

Competitive Advantage through People (1994), and
The Human Equation: Building Profits by Putting People First (1998)
In these books, he proposes a set of best practices that can increase a company’s profit. When these best practices are combined (or bundled), their impact is even more profound.

These best practices are:

1. Employment security
2. Selective hiring
3. Self-managed and effective teams
4. Contingent compensation
5. Extensive training
6. Reduction of status difference
7. Information sharing

Share This Post

Related Articles

© 2024 Human Resource Management. All rights reserved. Site Admin · Entries RSS · Comments RSS
Powered by HRM Practice · Designed by HRM Practice