The Relationship between High Performance Work System and Continuance Commitment to Change: An Economic Exchange Perspective

Abstract

Abstract:In response to the recently announced privatization of public sector banks of Pakistan, the current study attempts to investigate the impact of perceived high performance work systems on continuance commitment to change along with its interlinking mechanisms. A total of 1000 full-time employees were surveyed through self-administered questionnaires during August-December 2017. Out of 670 returned questionnaires, 591 completed questionnaires were analyzed. Goodness of the measures was tested by employing Confirmatory Factor Analysis. Proposed Hypotheses were tested through Structural Model in AMOS. The data largely substantiated by our theoretical framework. The findings revealed that the perceptions of economic exchange fully mediate the relation between HPWS and continuance commitment to change. Finally, theoretical and managerial implications are discussed, highlighting the issues that must be focused during chaotic nature of large-scale implementation of change initiatives in public sector.

Does HPWS amplify employees' change readiness for digital transformation? A study through the “work-from-anywhere” prism

“…In this regard, some empirical evidence suggests that reinforcement of HPWS may not be directly linked to change readiness owing to its contextual distinctions (Akbar et al, 2018). As a result, recent management scholars have sought to demystify the mediators that significantly link the HPWS and change-related outcomes (Shah et al, 2017;Akbar et al, 2018). However, little attention has been paid to exploring the interlinks among these mediators.…”

“…The current research contributes to the literature by connecting two major management streams: strategic human resource management and change management. Although several scholars acknowledge the importance of HPWS in managing organisational change (Tummers et al, 2015;Akbar et al, 2018;Kwon and Jeon, 2020), fewer studies provide empirical evidence. This study is among the earliest to empirically confirm the association between the HPWS and a change-related construct.…”

Social and Economic Exchange Between Social Workers and their Employers in the Context of their Sectorial Affiliation and Seniority

“…Therefore, in a work setting, employees with higher levels of economic exchange are more heavily focused on their self-interest (e.g., wages, benefits, work conditions), than the organizational needs (Buch et al, 2013 , 2019 ; Dysvik et al, 2015 ; Kuvaas et al, 2020 ; Shore et al, 2006 ; Zychlinski et al, 2020a , b ). Higher economic exchange was found to be associated with a greater continuance commitment in organizations in which employees had no other employment options (Akbar et al, 2018 ; Meyer & Parfyonova, 2010 ; Shore et al, 2006 ).…”

Framework Development of High Performance Work Systems (HPWSs) and Faculty Productivity: A Qualitative Approach

“…Sophisticated recruitment, Off the job training, Performance related pay, Team work, Equal opportunities, Job security, Grievances Procedure, Performance Appraisal, Work-Life balance, High wage, employee ownership, Promotion from within and empowerment (Lv & Xu, 2018). HPWSs were elaborated by Datta, Deepak and Guthrie, James P and Wright, Patrick M (2005); Akbar, Rashid, and Farooq (2018) as a group of selected HR practices intended to promote employees' skills, abilities and productivity that ultimately lead the organization toward differential advantage. If these practices may be implemented perfectly, there are sufficient proves that employees' of any organization may develop perfectly to achieve the long term objectives.…”

“…Thirdly, many of the researchers have drawn linkages between HPWSs and organizational performance (Rhee, Oh, & Yu, 2018;Akbar et al, 2018) or the financial performance (Safavi & Karatepe, 2018;Grant & Maxwell, 2018). But little work had been seen on the impact of HPWSs on individual performances (Ogbonnaya & Valizade, 2018), interestingly no work has been seen on the impact of HPWSs on faculty productivity in higher education sector.…”