IMPACT OF HRM PRACTICES ON ORGANIZATIONAL EFFECTIVENESS AT ABBAS STEEL GROUP KARACHI

Abstract

Purpose: The aim ofthis study is to comprehend and observe the influence of certain HRM practices on effectiveness of organization at Abbas Steel Group, Karachi. The HRM practices perform an essential part in the overall operation, conduct as well as effectiveness of the industry. The HRM practices considered for this research include Recruitment & Selection, Training & Development, Performance Appraisal, Compensation & Benefits and Career Development. Methodology & Design: This study is explanatory in nature and deductive approach was adopted. The sampling technique used in the study is simple random sampling technique. The study is based on quantitative data. The primary data was acquired using a questionnaire floated among the 242 employees at Abbas Steel Group. The questionnaire was adapted from past literature. The data collected for the research was further processed using statistical analysis tool i.e. SPSS V20. Reliability test, Pearson correlation and Regression analysis were applied for variables and hypothesis testing respectively. Findings: The research indicates that all the independent variables have a positive relationship with organizational effectiveness but T&D, C&B and CD have considerable significant influence on the effectiveness of organization at ASG while R&S and PA have insignificant effect on effectiveness of organization. Implications: This study is considered quite for management of the steel industry in understanding on effectiveness of the company. Other influence of existing HRM practices companies may also benefit from the conclusions of the study. The research is equally useful for Academia and researchers.