LINKAGE BETWEEN HR FLEXIBILITY AND FIRM PERFORMANCE: A REVIEW OF LITERATURE

Irrespective of nature and size of organisation, complex and changing business environment is increasingly compelling the organizations for attaining flexibility to improve performance. For gaining and sustaining competitive edge, all organizational functions need to be flexible, and human resource management is no more different. Human resource (HR) flexibility has also shown promising impact on firm performance. Given the importance of HR flexibility and its impact on firms' performance, the arena is increasingly drawing the interests of researchers. Researchers have conceptualized models and statistically tested the relationship between HR flexibility and firm performance. The present study carries out a systematic review of literature, identifying the gaps and subsequently lays down directions for future research.