Comparison of Modern and Islamic HRM: Impact Of Ihrm On Organizational Commitment (a Survey among Employess Of Islamic BANK in Pakistan)
Abstract
Section-1 of this paper provides an understanding and comparison of the fundamental concepts of Modern Human Resource Management (MHRM) and Islamic Human Resource Management (IHRM). Section-2 identifies the implications of MHRM and IHRM from modern/secular and Islamic/religious perspective on HRM and the metamorphosis between their concepts. Section-3 claims that MHRM and IHRM do not produce similar results. The application of MHRM results can only be achieved in the life of this World, but the results of the IHRM can be achieved in the life of this World, and also in the life of World-Hereafter. Section-4 presents a survey based research, comprised of quantitative data showing the perception of employees about IHRM and its resultant impact on Organizational Commitment. A questionnaire for data collection and survey approach has been used to study the perception of IHRM on employee-commitment. The research suggests the importance of adopting IHRM based strategies to increase organizational commitment among employees.