Abstract
This study identifies the effects of a bundle of workplace practices on business profitability in New Zealand, analysing data from the Business Operations Survey 2006. Results suggest that workplace practices explain 4.8%-24.4% of variance in business profitability. Employer-employee collaborative workplace practices increase business profitability. Flexible job arrangements based on employer-employee collaboration have positive effect on business profitability but the effect is negative when decisions regarding work arrangements are made unilaterally. Workplace training has positive effect on business profitability in some industries, but this decreases when more than 50% of employees participate. Non-performance based pay is the preferreable pay arrangement to increase business profitability. Union and collective bargaining coverage do not affect business profitability. Implications for policy makers are discussed.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 22nd ANZAM Conference |
| Subtitle of host publication | managing in the Pacific century |
| Place of Publication | Auckland |
| Publisher | Promaco Conventions |
| Pages | 1-19 |
| Number of pages | 19 |
| ISBN (Print) | 1863081488 |
| Publication status | Published - 2008 |
| Externally published | Yes |
| Event | Australian and New Zealand Academy of Management Conference (22nd : 2008) - Auckland, New Zealand Duration: 2 Dec 2008 → 5 Dec 2008 |
Conference
| Conference | Australian and New Zealand Academy of Management Conference (22nd : 2008) |
|---|---|
| Country/Territory | New Zealand |
| City | Auckland |
| Period | 2/12/08 → 5/12/08 |
Keywords
- human resource management and organisational performance
- employee relations
- performance management
- human resource development
- employee involvement
- voice