EFFECTS OF THE PROVISION OF TRAINING AND FRINGE BENEFITS TO WORKERS ON PERFORMANCE OF MANuFACTuRING SMES

Vu Hoang Nam

Abstract

Abstract:
There are few rigorous empirical studies about the roles of human resource management
practices (HRM) in performance of SMEs in transition economies. Based on a dataset from
surveys of manufacturing SMEs in Vietnam, the study finds that SMEs’ owners/managers
educational background has direct and indirect effects on HRM outcomes and SMEs
performance and that HRM practices including provision of training and fringe benefits to
workers raise labor productivity and improve performance of SMEs.
Keywords: Human resource management, performance, SME, Vietnam