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VOL. 7, ISSUE 1 (2025)
Analyzing human resource metrics and performance in manufacturing companies of India: A study on HPCL
Authors
Raghavendra L, N R Suryanarayana
Abstract
This article is specifically crafted to delve
into the intricate correlation between human resources, particularly management
employees, and pre-tax profits within a corporate setting. The chosen subject
of analysis is Hindustan Petroleum Corporation Limited (HPCL). As part of the
methodological approach, the research is conducted using a descriptive design
to comprehensively explore the dynamics at play. The study's timeframe
encompasses data spanning from the financial years 2014-15 to 2018-19,
providing a robust foundation for analysis. Employing the statistical tool of
correlation analysis, the research uncovers compelling insights. Among the
significant findings is the identification of a robust positive relationship
between management personnel and pre-tax profits, highlighting the pivotal role
that effective leadership and strategic decision-making contribute to financial
performance. Conversely, a notable negative relationship emerges between
non-management employees and pre-tax profits, shedding light on the differing
impacts various employee categories can have on overall financial outcomes in
an organization. These findings underscore the importance of human resource
management strategies and their direct influence on financial performance
metrics, offering valuable insights for organizations aiming to optimize their
operational efficiency and profitability.
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Pages:1-4
How to cite this article:
Raghavendra L, N R Suryanarayana "Analyzing human resource metrics and performance in manufacturing companies of India: A study on HPCL". International Journal of Finance and Commerce, Vol 7, Issue 1, 2025, Pages 1-4
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