An Examination of Mississippi Gulf Coast Casino Management Styles with Implications for Employee Turnover

The purpose of this study was to investigate the perceptions of casino employees on management styles and the relationship of these perceptions on the employee turnover rate. The sample consisted of a balanced representation of supervisory and nonsupervisory employees. Supervisors tended to perceive themselves and their managerial style in a much move favorable light than did their employees. Future research should continue to address issues of employee retention in the casino industry and adopt strategies that can retain valuable employees while reducing employee turnover costs. Human resource development processes should support managerial styles that facilitate collaborative decision making and participative learning opportunities throughout the organization

Strategic I/O Psychology and the Role of Utility Analysis Models

In the 1990’s, the significance of human capital in organizations has been increasing,and measurement issues in human resource management have achieved significant prominence. Yet, I/O psychology research on utility analysis and measurement has actually declined. In this chapter we propose a decision-based framework to review developments in utility analysis research since 1991, and show that through lens of this framework there are many fertile avenues for research. We then show that both I/O psychology and strategic HRM research and practice can be enhanced by greater collaboration and integration, particularly regarding the link between human capital and organizational success. We present an integrative framework as the basis for that integration, and illustrate its implications for future research

Do it Right or Not at All: A Longitudinal Evaluation of a Conflict Managment System Implementation

We analyzed an eight-year multi-source longitudinal data set that followed a healthcare system in the Eastern United States as it implemented a major conflict management initiative to encourage line managers to consistently perform Personal Management Interviews (or PMIs) with their employees. PMIs are interviews held between two individuals, designed to prevent or quickly resolve interpersonal problems before they escalate to formal grievances. This initiative provided us a unique opportunity to empirically test key predictions of Integrated Conflict Management System (or ICMS) theory. Analyzing survey and personnel file data from 5,449 individuals from 2003 to 2010, we found that employees whose managers provided high-quality interviews perceived significantly higher participative work climates and had lower turnover rates. However, retention was worse when managers provided poor-quality interviews than when they conducted no interviews at all. Together these findings highlight the critical role that line mangers play in the success of conflict management systems

What Types of Predictive Analytics are Being Used in Talent Management Organizations?

[Excerpt] Talent management organizations are increasingly deriving insights from data to make better decisions. Their use of data analytics is advancing from descriptive to predictive and prescriptive analytics. Descriptive analytics is the most basic form, providing the hindsight view of what happened and laying the foundation for turning data into information. More advanced uses are predictive (advanced forecasts and the ability to model future results) and prescriptive (“the top-tier of analytics that leverage machine learning techniques … to both interpret data and recommend actions”) analytics (1). Appendix A illustrates these differences. This report summarizes our most relevant findings about how both academic researchers and HR practitioners are successfully using data analytics to inform decision-making in workforce issues, with a focus on executive assessment and selection

Employee Stock Ownership and Financial Performance in European Countries: The Moderating Effects of Uncertainty Avoidance and Social Trust

This study investigates how the effect of employee stock ownership on financial performance may hinge on the diverse cultural and societal contexts of European countries. Based on agency and national culture theories, we hypothesize that the positive relationship between employee stock ownership and return on assets (ROA) is stronger in those nations with lower uncertainty avoidance and higher social trust. Using a multisource, time‐lagged, large‐scale dataset of 1,741 firms from 21 countries in Europe, our multilevel, random coefficient modeling analysis found evidence for these hypotheses, suggesting that uncertainty avoidance and social trust serve as important contextual cues in predicting the linkage between employee stock ownership and financial performance. Our supplemental analysis with distinction between the managerial and nonmanagerial employee stock ownership further indicates managerial employee stock ownership has a direct positive effect on ROA. Although nonmanagerial employee stock ownership had a nonsignificant association with ROA, the relationship was positive and significant when uncertainty avoidance was low and social trust was high. This research contributes to the existing literature by illuminating some of the contextual influences altering the effectiveness of employee stock ownership. Our findings also offer practical suggestions for effectively using employee stock ownership

The Relationship Between Workers’ Financial Participation in Companies and Economic Results

It is known that workers’ financial participation, primarily in the form of wider participation of employees in profits and ownership, has been used in enterprises from many years, but in practice the period of implementation of different forms of financial participation has taken place only in the last four decades. Workers’ participation in decision-making has a longer tradition, so it is well described in the literature, and its impact on the results achieved by companies are known through the many research projects conducted by researchers around the world and through detailed reports. Financial participation has not been the focus of so many papers, so the knowledge and information from this area is incomplete. This is because of the lack of comprehensive studies on the various forms of participation, their irregularity, the lack of cooperation between states in the exchange of information concerning the number of implemented solutions, etc. Of course, it is not possible to include all of the companies in research and the results cannot be generalized due to the different conditions and selection criteria in particular countries. Also, the ambiguous interpretation of the term “financial participation” by different authors and different institutions does not allow for setting up and developing the output database necessary to conduct the research and carry out comparisons. In the literature, programs of financial participation are treated as an incentive system, without taking into account the wider context and the relationships between these programmes and the results achieved by the company. This contribution aims to give some theoretical and scientific examples, which, by virtue of their nature and severity can contribute to the possible diverse research solutions to the problems facing businesses, especially in today's dynamic, global economy. After forty years of empirical research on the benefits of the implementation of various programmes of financial participation, the information provided, in principle, only in the form of reports, is not sufficient to express opinions on the development of forms of participation. At the same time, it is concluded that the programmes of financial participation have had a positive effect on the results achieved by companies, especially in terms of social benefits. Arriving at the above opinion has been additionally impeded by the different attitudes of the social partners to the issue of participation and participatory approaches, the absence of explicit data showing the relationship between implemented financial schemes and financial results, changes in the competitive position of enterprises, etc. The outlined theory concerning how the workers’ ownership affects economic performance achieved by a company unfortunately has not changed. This article is not to bring about fundamental changes, but to find new threads or directions of deliberation.Celem artykułu jest zaprezentowanie wybranych poglądów na temat postrzegania mechanizmów i zależności pomiędzy pracowniczą partycypacją finansową a wynikami przedsiębiorstw. Z racji, niewątpliwe większej popularności programów udziału we własności, skoncentrowano się na pokazaniu wielopłaszczyznowych zależności pomiędzy własnością pracowniczą, a osiągnięciami ekonomicznymi oraz wykazaniu, że mechanizmy oddziaływań własności pracowniczej na produktywność mają charakter złożonych interakcji

Risks of investment in personnel development: evidence from Ukrainian IT companies

In this paper, we examine key factors that influence the risks of investment in the development of human capital of a firm in the IT sector and estimate their weight in the overall risk. In particular, we single out the risk of premature voluntary termination of an employee, the risk of ineffective training, and the risk of a firm’s incorrect employee development strategy. Moreover, to support management of the mentioned kinds of risks, we enumerate the factors that influence them and classify those factors into three main groups: related to the employee, related to the firm, and related to the external environment. Based on this division, we build a model for estimating the risks of investing in the development of personnel using the Analytic Hierarchy Process (AHP)

Evaluation of the Wellspring Model for Improving Nursing Home Quality

Examines how successfully the Wellspring model improved the quality of care for residents of eleven nonprofit nursing homes in Wisconsin. Looks at staff turnover, and evaluates the impact on facilities, employees, residents, and cost

Social Responsibility of Multinational Corporations to Train Their Personnel. An Evaluation of Explanatory Variables for a Telecommunications Company

Corporate social responsibility in the field of employee-employer relation has enjoyed a growing attention in recent years. In this context, workplace training plays an essential role for the harmony of interdependence between community and company. This paper provides a top-down analysis of training effects and a model for an empirical evaluation of explanatory variables for training intensity in the case of a multinational telecommunications company. The analysis of training effects revealed that there are important motivational, social and functional benefits for the employee. Empirical results were dependent on the calculation method of training intensity. Thus, the percentage of employees from a subsidiary, which participates in a training program, is related to the degree of market development but not to the average labour productivity. Nevertheless, when training intensity is expressed as the number of hours of training compared to the total person-hours worked, there is empirical evidence that both labour productivity and market development can be accepted as explanatory variables. The examination of results has highlighted significant discrepancies in personnel training between developed countries and less developed ones.corporate social responsibility, workplace training, multinational corporations, labour productivity, development of telecommunications market

Virtual R&D teams and SMEs growth: A comparative study between Iranian and Malaysian SMEs

This paper explores potential advantages of using virtual teams for small and medium-sized enterprises (SMEs) with a comprehensive review on various aspects of virtual teams. Based on the standing of the pertinent literature, attempt has been made to study the aspects by online survey method in Iran and Malaysia. In both countries, SMEs play an important role in their economies, employments, and capacity building. Virtual R&D team can be one of the means to increase SMEs efficiency and competitiveness in their local as well as global markets. In this context, surveys have been conducted to evaluate the effects of virtuality to the growth of SMEs. The study addresses some differences between two countries in engaging virtual research and development (R&D) teams in their SMEs. It is observed that there is a significant difference between the SMEs turnover that employed virtual team and that did not employ the virtual team. The way for further studies and recommend improvements are proposed.Virtual R&D team, small and medium enterprises, survey, developing countries.