Loading...
Workplace flexibility practices and corporate performance: evidence from the British private sector
Whyman, P.B. Buraimo, B.A. Petrescu, A.I.
Whyman, P.B.
Buraimo, B.A.
Petrescu, A.I.
Publication Date
14/07/2015
End of Embargo
Supervisor
Rights
© 2015 Wiley. Reproduced in accordance with the publisher's self-archiving policy. This is the accepted version of the article above which has been published in final form at http://dx.doi.org/10.1111/1467-8551.12051.
Peer-Reviewed
Yes
Open Access status
openAccess
Accepted for publication
Institution
Department
Awarded
Embargo end date
Collections
Abstract
This paper investigates the relationship between workplace flexibility practices (WFPs) and corporate performance using data from the British Workplace Employment Relations Survey 2004. Disaggregating WFPs into numerical, functional and cost aspects enables the analysis of their relationships to an objective measure of corporate performance, namely workplace financial turnover. Furthermore separate analyses are presented for different types of workplace: differentiated by workforce size; ownership; age; wage level; and unionization. Results show that different types of workplaces need to pay attention to the mix of WFPs they adopt. We find that certain cost WFPs (profit-related pay, merit pay and payment-by-results) have strong positive relationships with corporate performance. However, training delivers mixed corporate performance results, while the extent of job autonomy and the proportion of part-time employees in a workplace have an inverse association with corporate performance. Given the limited existing research examining disaggregated measures of WFPs and objectively measured corporate performance, this paper offers useful insights for firms, policy makers and the overall economy.
Version
Accepted manuscript
Citation
Whyman P, Baimbridge M, Buraimo B et al (2015) Workplace flexibility practices and corporate performance: evidence from the British private sector. British Journal of Management. 26(3): 347-364.
Link to publisher’s version
Link to published version
Link to Version of Record
Type
Article