HRM policies and practices in the micro, small and medium (SME) case studies unpacked using intelligent career theory
| Company Category | Recruitment/Selection | Retention |
|---|---|---|
| Micro (MI) (informal) |
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|
| Small (SM) (informal and formal) |
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| Medium (ME) (formal HRM policies/practices) |
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| Company Category | Recruitment/Selection | Retention |
|---|---|---|
| Micro (MI) (informal) | Knowing-how: Specialised knowledge required Knowing-whom: Personal contacts externally Knowing-why: Informal, personal/individualised support | Knowing-whom: Connections to home country enabled Knowing-why: Flexible working arrangements - Work-life balance |
| Small (SM) (informal and formal) | Knowing-how: Specialised knowledge required, international experience Knowing-whom: Personal contacts and networks externally Knowing-why: Essential alignment with founder's values required | Knowing-how: Project ownership, Autonomy, Innovative culture Knowing-whom: International environment - Inclusive, family-like – Personal contacts/networks internally Knowing-why: Informality – Autonomy – Trust |
| Medium (ME) | Knowing-how: Specialised knowledge required, high level of skill shortages Knowing-whom: Forced to look beyond Europe in their recruitment drive; existing employees' “knowing-whom” helps them recruit in foreign markets Knowing-why: Alternative geographical location, lower cost of living, less commuting, better quality of life as attractive to recruits | Knowing-how: Formalised team support – Innovative culture Knowing-why: Internal career development possibilities - Inclusivity - Opportunity for employee voice to be heard (formally) |
Note(s): Knowing-how – Skills needed; Knowing-whom – Recruitment/retention channel; Knowing-why – Understanding employees' motivations
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