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The application of linear multiple regression analysis clearly reveals the following
TABLEModel Summary
Model
1
R Square
.257(a)
.066
a Predictors: (Constant), HPO, CD, RS, PA, TD, PM, GR, RC, PL
Adjusted R Square
.048
From the above table it is found R=.257, R 2=.066, adjusted R2 =.048 .This implies that the
Human Resource practices create 6.6% variance over reduction of stress among employees of
SMEs. This leads to the verification of model fit through analysis of variance table
TABLE 5.20ANOVA
Model
1
Regression
Residual
Sum of Squares
17.795
df
251.976
Total
269.770
a Predictors: (Constant), HPO, CD, RS, PA, TD, PM, GR, RC, PL
b Dependent Variable: IHP7
Mean Square
1.977
456
.553
F
3.578
Sig.
.000(a)
465
From the above table it is found F=3.578, p=.000 are statistically significant at 5% level. This
implies that there is relationship between Human Resources practices and reduction of stress
among the employees in SMEs
Uk study of management development found that small firms with a strong orientation towards
growth were the most likely firm to adopt stress management development (Thomson et al 1997;
patton and Marlows 2002)
5.21Coefficients Table
Unstandardized Coefficients
Model
1
B
(Constant)
Training
&Development
Recruitment &
selection
Performance
Appraisal
Remuneration
and
compensation
Participation
Management
Career
Development
Grievance
Redressal
HR Planning
HR Policy
5.962
Std. Error
.389
-.081
.106
-.170
Standardized
Coefficients
Beta
Sig.
15.313
Std. Error
.000
-.048
-.763
.446
.110
-.092
-1.545
.123
.050
.073
.043
.686
.493
.145
.104
.100
1.402
.162
.090
.109
.057
.829
.408
-.148
.086
-.095
-1.720
.086
-.366
.120
-.257
-3.045
.002
.235
.192
.172
1.221
.223
-.173
.159
-.124
-1.084
.279
From the above table it is found that grievance redressal (t=-3.045, Beta=-.257, p=.002) are
statistically significant at 5% level. It is the most important Human Resource Practice. In SMEs
stress is reduced by following the grievance redressal procedures
CONCLUSION:From the above Assessment, the functioning of SMEs showsinfluence of
human resource practices on reduction of stress among employees.In SMEs stress is reduced by
following the grievance Redressalprocedures. Through proper grievance redressal employees
problems can be solved in SMEs, and stress can be reduced.. In small organizationsgrievance
procedures consist of two steps .The supervisor is given the first opportunity to handle grievance.
If the problem is unsolved the second step in which the middle level executives along with a
higher level union officers attempt to tackle the grievance.
REFERENCE:
1. Annual Report 2013-2014
2. Fundamentals of Human Resource management-Alan price
3. MICHALE ARMSTRONG in a handbook of HRM
4. Nazlina Zakaria, Investigating the role of human resource management practices
on The performance of SME: a conceptual framework Journal of global
management January 2011. Volume 3. Number 1
5. Sundar and P. Ashok kumar, Human Resources Management Practices In Small
and Medium Industries An Indian Experience A Journal of Multidisciplinary
Research Vol.1 Issue 9, December 2012
6. Li Xue Cunningham, Managing human resources in SMEs in a transition
economy: evidence from China The International Journal of Human Resource
Management, Vol. 21, No. 12, October 2010, 21202141