Impact of Wage on Human Resource Management in Period of Crisis: The Case of Viet Nam Firm
â–ºNguyen Thi Lac Thu and Xiao Xiang
10.52283/NSWRCA.AJBMR.20130309A02
ABSTRACT
Human resource also known as an employee is the most important factor in the development of the organization. Therefore, the role of human resource management (HRM) in each organization also need excite employees realize their important position in the organization. Thus encourage their dedication in order to enhance operational performance of the organization. Besides that, the operation of HRM is also to create the balance between employee interest and organization’s interest. One of the important factors which the employees concern is wage. So, HRM and wage is related. The purpose of this research is to evaluate the relationship between the HRM and working efficiency based on the wage in a period of crisis in Viet Nam. Therefore, we selected Huong Giang’s travel company (HG Co) as objects to research on that relationship.
Keywords: Human resources management, wage, crisis, working efficiency, Viet Nam