Human resource management problems over the life cycle of small to medium-sized firms

Abstract

This study uses a sample of 2,903 small to medium-sized firms to examine the manner in which HR problems vary over the organizational life cycle. We found that a four-stage model was appropriate. Interestingly, firm age did not emerge as a significant indicator of stage—the firms' HR problems varied across stages defined by growth. Training problems were highest in high-growth firms and lowest in low-growth firms; compensation problems were highest in moderate-growth firms and lowest in high-growth firms; and recruiting problems were highest in no-growth firms and lowest in low-growth firms.©2004 Wiley Periodicals, Inc.