Susan Cartwright and Cary L. Cooper

in The Oxford Handbook of Personnel Psychology

Published in print October 2008 | ISBN: 9780199234738
Published online September 2009 | e-ISBN: 9780191577093 | DOI:

Series: Oxford Handbooks in Business and Management C


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For most organizations, human resource costs continue to be the single largest operating cost, accounting for between 50 and 80 percent of annual expenditure. Whilst the debate as to the most effective way to measure human capital continues to capture the interest of both academics and practitioners, there is a shared belief that individual employee performance contributes to organizational outcomes. Consequently, achieving optional performance from individual employees is of paramount importance to the development and performance of any organization. The field of Personnel Psychology is broadly concerned with the study of individual differences and their consequences for the organization. It is about providing a comprehensive understanding of a range of factors that influence and enhance individual performance. The purpose of this volume is to bring together the contributions of leading international scholars within the field to present state-of-the-art reviews on topical and emergent issues, constructs, and research in personnel psychology.

Keywords: human resource; operating cost; human capital; personnel psychology; emergent issues

Article.  650 words. 

Subjects: Human Resource Management

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