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Service-oriented HRP bundles and team performance: A team-level serial mediation model
Qi Lin1,2, Jui-Chen Peng3, Liqiong Lin1
1College of Economics and Management, Fujian Agriculture and Forestry University, Fuzhou City, PR China.
Service-oriented human resource practices boost team performance by enhancing psychological capital and work engagement. Implementing these strategies is key for financial service teams to achieve better results.
Area of Science:
- Organizational Psychology
- Human Resource Management
Background:
- Service-oriented human resource practices (SO-HRP) are crucial for team performance.
- Understanding the mechanisms linking SO-HRP to performance is essential.
Purpose of the Study:
- To explore the relationship between team-level SO-HRP bundles and team performance.
- To investigate the mediating roles of team psychological capital (PsyCap) and team work engagement.
Main Methods:
- A team-level serial mediation model was constructed.
- Survey data were collected from 424 employees across 80 branches of financial holding companies.
- Statistical analysis was performed using SPSS and the PROCESS macro.
Main Results:
- Team psychological capital (PsyCap) serially mediated the relationship between SO-HRP bundles and team performance.
- Team work engagement also serially mediated this relationship.
- Both PsyCap and work engagement together explained the mechanism linking SO-HRP to performance.
Conclusions:
- SO-HRP bundles positively influence team performance through enhanced team PsyCap and work engagement.
- Managers should focus on detailed SO-HRP implementation to foster team PsyCap and engagement.
- Strategic HR practices are vital for improving performance in financial service teams.
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