Human resource management process in textile industry: Case study of the city of Novi Pazar

The main objective of this paper is to investigate the degree of acceptance of the HRM process in the textile industry. Considering the importance of human resources and their microeconomic aspect, the paper starts from the determinants of the labor market, as a macroeconomic category, to be exact the place where workers and employees interact with each other. Human resources management is the business process of planning, recruitment, selection and retaintion the right people who form the base of a skilled workforce. The empirical research was conducted on a sample of 10 successful companies from Novi Pazar in the textile industry through surveys of owners or responsible managers, gathering their opinions and business practices. The results of the study show that adequate human resource management have an impact on reducing unemployment in the textile industry. The results obtained are very useful to owners or responsible managers, as they emphasize the need for greater implementation of all activities in the HRM process, from planning and recruiting, through selection and training, to performance appraisal, remuneration and fluctuation.