Human Resource Management Practices of Selected Companies

Abstract

The purpose of this study was to assess the existing Human Resource Management (HRM) practices of selected companies in order to come up with a comprehensive HRM Program. This paper tests a hypothesis, there is no significant difference in the extent of use of HRM tools and techniques when the selected companies were classified as large, medium, and small. No significant differences were noted between the extent of use of HRM tools and techniques in the major areas of Human Resource (HR) acquisition, HR maintenance, and HR relations. However, significant differences were noted in the major areas of HR development when the companies were compared. It was concluded that some of the companies did not implement performance evaluation system. One of the recommendations cited therefore was that companies should employ said system on performance evaluation to substantiate total personnel training and development package in the whole HRM program.

Key words: Human resource management, acquisition, training and development, maintenance, labor relations