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Human Resource Management in Family Businesses

In: Entrepreneurial Family Businesses

Author

Listed:
  • Veland Ramadani

    (South East European University)

  • Esra Memili

    (University of North Carolina at Greensboro)

  • Ramo Palalić

    (International University of Sarajevo)

  • Erick P. C. Chang

    (Arkansas State University)

Abstract

This chapter overviews the human resource management (HRM) role in private firms, providing the best guide to the whole organizations. As a powerful tool, HRM mediates between the top management and employees, providing both sides their satisfaction. Thus, the content of this chapter stresses the general practices in HRM while providing the best ways regarding employees’ welfare, rights, and obligations. Additionally, it describes how private firms try to get the best talents necessary to contribute to firms’ growth and development. Moreover, other motivational means like appraisals, compensation, professional training, and development of employees in private firms are depicted.

Suggested Citation

  • Veland Ramadani & Esra Memili & Ramo Palalić & Erick P. C. Chang, 2020. "Human Resource Management in Family Businesses," Springer Texts in Business and Economics, in: Entrepreneurial Family Businesses, chapter 7, pages 121-135, Springer.
    • Handle: RePEc:spr:sptchp:978-3-030-47778-3_7
    DOI: 10.1007/978-3-030-47778-3_7
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    Cited by:

    1. Pham, Tien Duc & Dwyer, Larry & Su, Jen-Je & Ngo, Tramy, 2021. "COVID-19 impacts of inbound tourism on Australian economy," Annals of Tourism Research, Elsevier, vol. 88(C).
    2. Flamini, Giulia & Pittino, Daniel & Visintin, Francesca, 2022. "Family leadership, family involvement and mutuality HRM practices in family SMEs," Journal of Family Business Strategy, Elsevier, vol. 13(2).
    3. Regis Muchowe & Adom Faith Mawunyo & Chomunogwa Pande, 2021. "The Relationship between Flexible Work Arrangements and Organisational Performance in Higher and Tertiary Education Institutions in Mashonaland Central Province during the Covid-19 Period in Zimbabwe," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(12), pages 245-249, December.

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