Companies that adopt state-of-the-art HRM practices that contribute to business strategy tend to demonstrate no higher level of performance than firms that do not.

Question

Quizplus · Accepted Answer

This statement is false. Extensive research has demonstrated that firms that adopt state-of-the-art HRM practices that contribute to business strategy tend to demonstrate higher levels of performance than firms that do not. These practices, such as recruitment and selection, training and development, performance management, and compensation and rewards, can help improve employee satisfaction, engagement, productivity, and retention, which in turn can contribute to better business outcomes.

Companies That Adopt State-Of-The-Art HRM Practices That Contribute to Business