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Economic Analysis: Theory and Practice
 

Forming a base for the economic analysis of the HRM impact at the level of the organization

Vol. 14, Iss. 13, APRIL 2015

PDF  Article PDF Version

Available online: 5 April 2015

Subject Heading: MANAGERIAL ANALYSIS

JEL Classification: 

Pages: 68-76

Durakova I.B. Voronezh State University, Voronezh, Russian Federation
durakova@econ.vsu.ru

Subject The subject of the research is the basis of the economic analysis of the impact of HR management.
     Objectives The purpose of the article is the viewing of foreign experience of staff management performance.
     Methods The author shows the version by R. Wunderer on four ways of measuring the performance with people in organizations: employee evaluation by the manager, manager evaluation by the staff, survey on employee's behavior (manager questionnaire), and survey on manager's behavior (staff questionnaire). A score of staff and management implies two objectives: to determine their success and potential. The methods of personnel evaluation can be a "circular" score (or a "360-degree feedback"), the cost-benefit ratio, an employee interviewing, and portfolio. Questionnaires of employees and managers may be held by a mini survey conducted at short intervals, a family survey conducted through the staff member or his or her family members.
     Results The form and content of the questionnaires may vary. The article provides options for the structure and content of the questionnaires.
     Relevance The research results can be used at enterprises and organizations when conducting economic analysis of the HR management impact.

Keywords: economic analysis, effectiveness, HR, personnel management, employee evaluation, assessment, managers, questioning, staff members

References:

  1. Durakova I.B. Upravlenie personalom: osobennosti trenda internatsional'nogo razvitiya [Personnel management: features of the trend of international development]. Available at: Link. (In Russ.)
  2. Durakova I.B. Ekonomiko-statisticheskii analiz, audit i kontrol' v sfere upravleniya personalom. Issledovanie zarubezhnogo opyta. V kn.: Upravlenie personalom v Rossii: teoriya, otechestvennaya i zarubezhnaya praktika [Economic and statistical analysis, audit and internal control in the field of personnel management. A study of foreign experience. In: Personnel management in Russia: theory, domestic and foreign practice]. Moscow, INFRA-M Publ., 2014, 283 p.
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