Economic Annals-XXI, volume 207, issue 1-2, pages 34-39

Human resource development effects on staff and the organization performance

Ronny Siahaan
Ahmad Sofyan
Vina Medya Oktaviani
Nur Hasyim
Publication typeJournal Article
Publication date2024-02-22
scimago Q3
SJR0.181
CiteScore1.5
Impact factor
ISSN17286220, 17286239
Abstract

The objective of the current paper is to investigate the impact of human resources development to improve productivity in financial organizations. The research was done in two ways - qualitative and quantitative. In qualitative approach, some financial experts were selected and after using a Delphi interview, some of the main performance indexes were considered. In the quantitative model, the productivity rate of the organization has been modeled based on the development of human resources and material capital of the organization, so that after designing the performance management model according to the intended indexes, the quantitative procedure was started in the form of the presented model. The statistical population includes 325 employees working in the Halal food industry with more than five years of experience. The research tools for evaluating individual, group and organization performance variables and enhancing productivity are researcher-made questionnaires, which were considered using content validity, and reliability which is determined utilizing internal consistency using the Kolmogorov-Smirnov method. The findings of the research show that the development of human resources affects the company’s performance through three factors: management, employee structure, and organizational structure. The square of the multiple correlation coefficient of the productivity improvement variable (0.88) shows that the independent factors of management performance explain 88% of the variance of them. The result of the research indicated that according to the fit indices of the model, the proposed model is an appropriate and accurate one for establishing the human resources performance model in order to enhance the productivity of Halal food companies.

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