Impact of personnel policy on human resources management: Empirical evidence from Vietnamese enterprises
-
Author(s)Tran Quoc ThinhLink to ORCID Index: https://orcid.org/0000-0003-1504-8122
,
Uoc Tran MaiLink to ORCID Index: https://orcid.org/0000-0001-9038-0091
,
Dang Anh TuanLink to ORCID Index: https://orcid.org/0000-0001-8754-2811
,
Luu Chi DanhLink to ORCID Index: https://orcid.org/0000-0001-9098-2631
-
DOIhttp://dx.doi.org/10.21511/ppm.21(1).2023.16
-
Article InfoVolume 21 2023, Issue #1, pp. 183-192
- 479 Views
-
264 Downloads
This work is licensed under a
Creative Commons Attribution 4.0 International License
Human resources have an essential meaning in stability and sustainability of business activities. The quality of human resources contributes to increasing intelligence and thinking, as well as productivity and efficiency in all activities of an enterprise. The study aims to determine the influence of different factors on Vietnamese enterprises’ human resources management, including staffing plans, personnel selection, employee use, resource training, employee rating, and bonus policies. Exploratory factor analysis is employed to test the factors related to the research model. The sample comprises 417 leaders working at Vietnamese enterprises surveyed in 2021. The paper uses panel data to test the regression using OLS method. The selected enterprises are diverse in industry and size to ensure representativeness and are based in Ho Chi Minh City. The results elicit that staffing plans and bonus policies are two of the six factors that positively affect the human resources management of Vietnamese enterprises. The findings also show that staffing plans are the factor that has the most substantial impact on human resources management. Finally, the paper has proposed some policy suggestions to stabilize human resources management at Vietnamese enterprises to attract quality talent.
- Keywords
-
JEL Classification (Paper profile tab)O15, E24, J24
-
References27
-
Tables7
-
Figures0
-
- Table 1. Reliability statistics
- Table 2. KMO and Bartlett’s test
- Table 3. Correlations
- Table 4. Model summary
- Table 5. ANOVA results
- Table 6. Coefficients
- Table 7. Hypotheses testing results
-
- Abdullah, H. (2009). Definitions of HRD: Key concepts from a national and international context. European Journal of Social Sciences, 10(4), 486-495.
- Adey, K. (2000). Professional development priorities: The views of middle managers in secondary schools. Educational Management and Administration, 28(4), 419-431.
- Agwu, M. O., & Ogiriki, T. (2014). Human resources development and organizational performance in the Nigeria Liquefied Natural Gas Company Limited, Bonny. Journal of Management and Sustainability, 4(4), 134-146.
- Allen, W. C. (2006). Overview and evolution of the ADDIE training system. Advances in Developing Human Resources, 8(4), 430-441.
- Allen, W. C., & Swanson, R. A. (2006). Systematic training – Straightforward and effective. Advances in Developing Human Resources, 8(4), 428-429.
- Al-Sayyed, N. M. (2014). Critical factors affecting human resources development in the Arab World. Life Science Journal, 11(4s), 113-123.
- Bac, H. L. H. (2020). Developing a contingent of educational administrators to meet the requirements of education and training reform in Thua Thien Hue in the current period. Asia-Pacific Economic Review, 3, 55-57.
- Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120.
- Bryson, A., Stokes, L., & Wilkinson, D. (2020). Can human resources management improve enterprises’ performance? Labour, 34(4), 427-440.
- Cowell, C., Hopkins, P. C., McWhorter, R., & Jorden, D. L. (2006). Alternative training models. Advances in Developing Human Resources, 8(4), 460-475.
- Glover, D., & Miller, D. (1999). The working day of the subject leader and the impact of interruptions on teaching and learning in secondary schools. Educational Research, 41(3), 341-349.
- Glover, D., Gleeson, D., Gough, G., & Johnson, M. (1998). The meaning of management: The development needs of middle managers in secondary schools. Educational Management & Administration, 26(3), 279-292.
- Kaiser, H. F. (1974). An index of factorial simplicity. Psychometrika, 39(1), 31-36.
- Katou, A. A. (2009). The impact of human resources development on organizational performance: Test of a causal model. Journal of Behavioral and Applied Management, 10(3), 335-356.
- Loc, N. T. M., Bao, D. Q., Hau, N. T., Chi, N. Q., & Thu, N. S. (2015). Educational management – Some theoretical and practical issues. Vietnam: Hanoi National University Publishing House.
- Maingi, A. C. (2015). The role of the head of the department as perceived by teachers and secondary school heads of department in Tigania East Sub-county, Meru County, Kenya (Master’s Thesis). Kenyatta University.
- McClernon, T. (2006). Rivals to systematic training. Advances in Developing Human Resources, 8(4), 457-459.
- Mohamedi, M., & Ghorbanhosseini, M. (2015). Identifying and measuring factors affecting human capital development in social security hospital of Saveh City. Applied Mathematics in Engineering, Management and Technology, 3(3), 131-141.
- Mohiuddin, M., Hosseini, E., Faradonbeh, S. B., & Sabokro, M. (2022). Achieving human resources management sustainability in universities. International Journal of Environmental Research and Public Health, 19(2), 928.
- Nadler, L., & Nadler, Z. (1989). Developing human resources. San Francisco, California, CA: Jossey-Bass.
- Okoye, P. V. C., & Ezejiofor, R. A. (2013). The effect of human resources development on organizational productivity. International Journal of Academic Research in Business and Social Sciences, 3(10), 250-268.
- Penrose, E. T. (1959). The theory of the growth of the firm. New York: John Wiley.
- Rogerson, P. A. (2001). More on regression. In Statistical methods for geography (pp. 125-153). Sage Publications.
- Storberg-Walker, J., & Gubbins, W. C. (2007). Social networks as a conceptual and empirical tool to understand and ‘do’ HRD. Advances in Developing Human Resources, 9(3), 291-310.
- Sydhagen, K., & Cunningham, P. (2007). Human resources development in Sub-Saharan, Africa. Human Resource Development International, 10(2), 121-135.
- Turner, C. (2000). Learning about leading a subject department in secondary schools: Some empirical evidence. Enterprises Leadership and Management, 20(3), 299-313.
- Vietnam National Assembly. (2019). Labor Code No. 45/2019/QH14. Hanoi.
