DOI: 10.5176_2251-2853_1.1.20
Authors: Steven D. Formaneck
Abstract:
A constrained shortest path algorithm is used to analyze Human Resource Management (HRM) decisions within a firm. An empirical analysis is performed using Statistics Canada’s Workplace and Employee Survey (WES), which consists of variables relating to employers and their employees, conducted from years 1999 through 2004, inclusively. The research explores the relationships among these specific organizational workplace practices and their effect on the success of the firm in terms of profit and labor productivity. The results are compared to the current literature. In general, it is discovered that optimal management strategies are highly dependent upon the performance measure in which the firm chooses to evaluate its success.
Keywords: human resource management, constrained shortest path, decision-making
Updating...