Effects of the provision of training and fringe benefits to workers on performance of manufacuturing SMEs

Abstract

There are few rigorous empirical studies about the roles of human resource management practices (HRM) in performance of SMEs in transition economies. Based on a dataset from surveys of manufacturing SMEs in Vietnam, the study finds that SMEs’ owners/managers educational background has direct and indirect effects on HRM outcomes and SMEs performance and that HRM practices including provision of training and fringe benefits to workers raise labor productivity and improve performance of SMEs.

Keywords

• human resource management
• performance
• sme
• vietnam