Does employee participation matter? An empirical study on the effects of participation on well-being and organizational performance

摘要: Employability, talent and/or motivation of people can be a source sustainable competitive advantage; difficult for competitors to imitate. The involvement people, and more specifically employee participation, has been identified as key management tool develop this advantage. Traditionally however, the industrial relations personnel streams have treated participation from different perspectives. Economic insights guided former, while how employees respond decisions in workplace form basis latter. Accordingly, three main practices are widely recognized field: or decision-making, profit-sharing share ownership. In research, relationship between 3 well-being firm performance was explored 278 Basque companies. Objective data obtained organizational measurement 1503 responses were gathered about well-being. After controlling company size sector (manufacturing services tested study) results showed significant any Interestingly, negative revealed decision-making labor productivity. No statistical found financial performance. This study, therefore, confirms one pillars HR well-being, but fails show that is positively related higher (or vice versa). New research lines opened scientific contributors important offered managers.