Analysing Development of HRM Practices in Serbia

Zubović, Jovan and Vuković, Andrea and Jaćimović, Sonja and Jeločnik, Marko and Reljić, Marija (2014) Analysing Development of HRM Practices in Serbia. In: Современные проблемы развития национальной éкономики: Сборник статей по материалам VI Международной научно-практической конференции. "АГРУС" Ставропольский государственный аграрный университет, Ставрополы, pp. 11-15. ISBN 978-5-9596-1007-4

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Abstract

In recent past capital and added value formation were relying mostly to money and material resources. However in today’s developed organizations human resources represent major source of capital and added value. Employees, their development and job satisfaction are becoming a major tool for generating competitive advantage in highly competitive global market. The result of such changes is development of human resource management as a new philosophy and management practice. The goal of this paper is to evaluate the level of development of such HR practices in Serbia, and to confirm that there are signifi cant opportunities for improvements. We have determined which most common HR practices are and which departments and what profession of employees are devoted for its implementation. Our conclusion is that in Serbia HR practices are far behind what current practice in developed countries is, and that it is necessary to devote a lot of attention to educating company management on the importance of HR practices for building competitiveness on the market.

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