The Application of Human Resource Management in Thai SMEs – A Case Study of Albatross Company Limited

Date June 04, 2008 Level Master Thesis EFO705, 10 points (15 credits) Authors Pornratchanee Sethakaset Tanawan Santimataneedol Bangkok, Thailand Bangkok Thailand Date of Birth: 28 October 1982 Date of Birth: 5 March 1984 Title The Application of Human Resource Management in Thai SMEs – A Case Study of Albatross Company Limited Supervisor Mona Andersson Problems : How can the entrepreneur of SMEs manage their human resources? Can previous research and studies about HRM in SMEs be applied in the Thai entrepreneurial SME? Does the HRM in the company change and transform over time? Purposes : The purposes of this study are to review the relevant studies and research about HRM in SMEs in order to investigate how human resources are managed in SMEs and to determine if the previous studies are applicable to Thai entrepreneurial SMEs. Methodology : This master’s thesis is based on a qualitative approach in order to investigate HRM in SMEs and easier to understand the behavior in a certain case. The main secondary data is also collected from website which is the utilizing material for this thesis. Conclusion : In this study, it was concluded that this Thai SME manages its human resource in a mixture between informal and formal way. HRM is used and practiced more as the company grows which the entrepreneur plays a central role in the Human Resource Management in SMEs