Foreword
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FOREWORD John Storey, University of Loughborough This edition of HRMJ sheds new light on four important (though sometimes neglected) issues in employment management while also offering an overview of human resource developments in banking - one of the most rapidly changing sectors in modem economies. The first issue covered concerns labour retention policies and labour turnover. Drawing on a new study of scientific/technical staff, Patrick McGovern shows how multinational firms, contrary to common assumptions, seek to exploit dual labour market conditions for these 'core' employees. The second issue covered is employee share ownership as a device to encourage greater employeeparticipation in enterprise goals. Employee share ownership plans (ESOPs) have been given sponsorshipby various governments:but is there any hard evidence that they work? This articlepresents the latest research findings and gives an in-depth analysis of three different types of ESOPs and their implications. The third topic given coverage is that of 'corporate culture'. Hope and Hendry make a fresh and useful contribution to this debate by questioning the relevance of this popular concept of the 1980s for the rather different circumstances of the 1990s. The fourth and final issue concerns career progression of engineers. The significance of this topic stems from the apparent association between successful manufacturing economies and the status and standing of this occupational group. Careers, participation, organisational culture and labour retention/ labour market strategies: each topic in its own way representing a critical issue for all persons responsible for the management of human resources. The HRMJ maintains its tradition of offering empirically- grounded, critical probings of agenda items with practical import. Among the significant issues covered in the next edition of HRMJ are: the work of the Personnel Standards Lead Body (PSLB);the reality or myth of 'integration' in human resource management; and a new study from the Institute of Work Psychology at Sheffield University on the influence of motivational factors on sickness absence. In a future issue we will be carrying a selection of the very best papers from the recent World Congress of the International Industrial Relations Association held in Washington DC earlier this year. HUMAN RESOURCE MANAGEMENT JOURNALVOL 5 NO 4 3
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Transcript of Foreword
FOREWORD
John Storey, University of Loughborough
This edition of HRMJ sheds new light on four important (though sometimes neglected) issues in employment management while also offering an overview of human resource developments in banking - one of the most rapidly changing sectors in modem economies.
The first issue covered concerns labour retention policies and labour turnover. Drawing on a new study of scientific/technical staff, Patrick McGovern shows how multinational firms, contrary to common assumptions, seek to exploit dual labour market conditions for these 'core' employees.
The second issue covered is employee share ownership as a device to encourage greater employee participation in enterprise goals. Employee share ownership plans (ESOPs) have been given sponsorship by various governments: but is there any hard evidence that they work? This article presents the latest research findings and gives an in-depth analysis of three different types of ESOPs and their implications.
The third topic given coverage is that of 'corporate culture'. Hope and Hendry make a fresh and useful contribution to this debate by questioning the relevance of this popular concept of the 1980s for the rather different circumstances of the 1990s.
The fourth and final issue concerns career progression of engineers. The significance of this topic stems from the apparent association between successful manufacturing economies and the status and standing of this occupational group.
Careers, participation, organisational culture and labour retention/ labour market strategies: each topic in its own way representing a critical issue for all persons responsible for the management of human resources. The HRMJ maintains its tradition of offering empirically- grounded, critical probings of agenda items with practical import.
Among the significant issues covered in the next edition of HRMJ are: the work of the Personnel Standards Lead Body (PSLB); the reality or myth of 'integration' in human resource management; and a new study from the Institute of Work Psychology at Sheffield University on the influence of motivational factors on sickness absence.
In a future issue we will be carrying a selection of the very best papers from the recent World Congress of the International Industrial Relations Association held in Washington DC earlier this year.
HUMAN RESOURCE MANAGEMENT JOURNAL VOL 5 NO 4 3
