High Performance Work Practices

The concept of high performance work practices (HPWP) is the accumulation of four practices that produce the most value of human capital which are employee involvement, job autonomy, competency development, and rewards based on performance. As researchers McShane and Von Glinow (2015) have explained, employees are a major source of competitive advantage in the workplace. On that note, organizations are responsible in empowering employees by allowing them the freedom to make decisions and providing them with the effective resources to fulfill their job duties. Lastly, employers are to reward their employees whether it is financially or non financially based on their performance in order to have the best outcome of HPWP.

Quicken, American Express