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An empirical examination of the relationship between skills shortage and firm performance: The role of high-performance work systems
Published online by Cambridge University Press: 22 May 2017
Abstract
There has been growing scholarly interest in the relationship between high-performance work systems and firm performance. Yet, limited research attention has been given to the impact of high-performance work systems on firm performance during skills shortages. In this study, we empirically examine the influence of high-performance work systems on firm performance in the midst of skills shortages. Results from a study of 211 US firms with 50 or more employees demonstrate that internal skills shortages are not related to firm profitability. Findings further show that the use of high-performance work systems is more detrimental to firm performance for firms when they face an internal skills shortage. These results are discussed and future research directions are offered.
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- Research Article
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- Copyright © Cambridge University Press and Australian and New Zealand Academy of Management 2017
Footnotes
These authors contributed equally to this article and are listed alphabetically according to surnames.
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