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Abstract:

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CentrePiece Article
Structured management: how firms can hire and keep the best people
Christopher Cornwell, Ian M. Schmutte and Daniela Scur
November 2019
Paper No' CEPCP563:
Full Paper (pdf)

CentrePiece 24 (3) Autumn 2019


JEL Classification: D22; M11; J31


Tags: labor allocation; managers; management practices; productivity

Firms' decisions about whom to hire and fire have big effects, not only on their own bottom line but also on the functioning of the labour market and the performance of the whole economy. Analysis of Brazilian data by Daniela Scur and colleagues demonstrates the value of 'structured management practices' for better quality recruitment and retention - and improved productivity.

This article summarises 'Building a Productive Workforce: The Role of Structured Management Practices' by Christopher Cornwell, Ian Schmutte and Daniela Scur, CEP Discussion Paper No. 1644