Unveiling the Nexus: Exploring the Collective Social Exchange Dynamics of High-Performance Work Systems in Shaping Organizational Outcomes

Khuram Shahzad, Muhammad Athar Rasheed, Muhammad Faisal, SAIRA GHULAM HASSAN

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Abstract

Purpose:
This study aims to explore the nuanced role of organizational “collectives” in transmitting the effect of high-performance work systems (HPWS) on organizations’ market success and workforce retention.

Design/methodology/approach:
The multi-source data was collected from 113 construction firms operating in Pakistan using a survey questionnaire.

Findings:
The findings indicate that collective human capital and collective satisfaction of organizations differentially mediate the effect of HPWS on market success and workforce retention. Collective satisfaction mediates the effect of HPWS on both market success and workforce retention, however collective human capital only mediates this relationship for market success of organizations.

Practical implications:
Organizations should consider prioritizing investment in cognitive and affective development of overall human resources. Knowledge, skills, abilities and emotions of individual employees operate at the collective level so organizations should design HRM practices to manage collective thoughts and interpretations.

Originality/value:
This is the first study to investigate human capital and satisfaction at the collective organization level to explore collective developmental and motivational paths for HPWS to boost organization strategic outcomes.

© 2024, Emerald Publishing Limited. This is an author produced version of a paper published in Journal of Organizational Effectiveness: People and Performance uploaded in accordance with the publisher’s self- archiving policy. The final published version (version of record) is available online at the link. Some minor differences between this version and the final published version may remain. We suggest you refer to the final published version should you wish to cite from it.
Original languageEnglish
JournalJournal of Organizational Effectiveness: People and Performance
DOIs
Publication statusPublished - 26 Dec 2024

Keywords

  • collectives
  • Collective Satisfaction
  • Collective Human Capital
  • Turnover (employee)
  • High Performance Work Systems

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