FACTOR ANALYSIS OF IMPORTANT VARIABLES OF HUMAN RESOURCE MANAGEMENT: A CASE STUDY OF THE AUTOMOTIVE AND AUTO PARTS INDUSTRIES
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Abstract
The objective of this research was to analyze the components of important factors of human resource management. A total of 562 employees in the automotive and auto parts industries of Amata City industrial estate Thailand was the sample of this study. The instrument used to collect the data was the questionnaire. The result of Cronbach's alpha reliability coefficient test was 0.82-0.93. The data were analyzed by an Exploratory Factor Analysis carried out by using the methodology with principal component analysis as well as the orthogonal rotation with Varimax rotation method.
The findings revealed that the studied important variables of human resource management were: 1) Organizational climate consisted of 5 components which were clarity, rewards, innovation, standards and responsibility; 2) Job satisfaction consisted of 2 components which were extrinsic satisfaction and intrinsic satisfaction; 3) Quality of work life consisted of 5 components which were self-sufficiency and justice, social relevance of work life, development of human capacities, social integration in work organization and growth and security 4) Organizational engagement consisted of 3 components which were a strong belief in acceptance of the organization’s goals and values, a strong desire to maintain membership in the organization and a willingness to exert considerable effort on behalf of the benefits of the organization.