Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024
This study investigates the relationship between human resource management (HRM) practices and the phenomenon of brain drain in Greece during the period 2020–2024. In the context of economic uncertainty and demographic shifts, the emigration of skilled professionals has posed serious challenges to t...
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| Format: | Article |
| Language: | English |
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MDPI AG
2025-05-01
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| Series: | Administrative Sciences |
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| Online Access: | https://www.mdpi.com/2076-3387/15/6/205 |
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| author | Kyriaki Efthalitsidou Konstantinos G. Spinthiropoulos Nikolaos Sariannidis Konstantinos Panytsidis Konstantina Ragazou George Vittas |
| author_facet | Kyriaki Efthalitsidou Konstantinos G. Spinthiropoulos Nikolaos Sariannidis Konstantinos Panytsidis Konstantina Ragazou George Vittas |
| author_sort | Kyriaki Efthalitsidou |
| collection | DOAJ |
| description | This study investigates the relationship between human resource management (HRM) practices and the phenomenon of brain drain in Greece during the period 2020–2024. In the context of economic uncertainty and demographic shifts, the emigration of skilled professionals has posed serious challenges to the country’s labor market and long-term development. Employing a mixed-methods approach, the research combines quantitative data from national labor force surveys and HR statistics with qualitative insights gathered through semi-structured interviews with HR professionals and expatriates. The study applies descriptive and inferential statistical methods, including regression analysis, to examine how key HRM dimensions—such as workplace flexibility, career development, and performance-based incentives—affect employee retention. Results reveal a significant inverse relationship between HRM quality and brain drain rates, with workplace flexibility and career development emerging as critical predictors. The findings highlight the need for strategic HRM reforms tailored to the Greek context and offer evidence-based recommendations for mitigating talent outflows. This research contributes to both academic discourse and policy design by clarifying the role of HRM in supporting workforce stability in crisis-prone economies. |
| format | Article |
| id | doaj-art-6e7153a1ee5046a7ade15c884aa7e400 |
| institution | Kabale University |
| issn | 2076-3387 |
| language | English |
| publishDate | 2025-05-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Administrative Sciences |
| spelling | doaj-art-6e7153a1ee5046a7ade15c884aa7e4002025-08-20T03:26:16ZengMDPI AGAdministrative Sciences2076-33872025-05-0115620510.3390/admsci15060205Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024Kyriaki Efthalitsidou0Konstantinos G. Spinthiropoulos1Nikolaos Sariannidis2Konstantinos Panytsidis3Konstantina Ragazou4George Vittas5Department of Business Administration, University of Western Macedonia, 50100 Kozani, GreeceDepartment of Management Science and Technology, University of Western Macedonia, 50100 Kozani, GreeceDepartment of Accounting and Finance, University of Western Macedonia, 50100 Kozani, GreeceDepartment of Management Science and Technology, University of Western Macedonia, 50100 Kozani, GreeceDepartment of Management Science and Technology, University of Western Macedonia, 50100 Kozani, GreeceHuman Resources Management, Communication and Leadership in Organizations/Businesses, 50100 Kozani, GreeceThis study investigates the relationship between human resource management (HRM) practices and the phenomenon of brain drain in Greece during the period 2020–2024. In the context of economic uncertainty and demographic shifts, the emigration of skilled professionals has posed serious challenges to the country’s labor market and long-term development. Employing a mixed-methods approach, the research combines quantitative data from national labor force surveys and HR statistics with qualitative insights gathered through semi-structured interviews with HR professionals and expatriates. The study applies descriptive and inferential statistical methods, including regression analysis, to examine how key HRM dimensions—such as workplace flexibility, career development, and performance-based incentives—affect employee retention. Results reveal a significant inverse relationship between HRM quality and brain drain rates, with workplace flexibility and career development emerging as critical predictors. The findings highlight the need for strategic HRM reforms tailored to the Greek context and offer evidence-based recommendations for mitigating talent outflows. This research contributes to both academic discourse and policy design by clarifying the role of HRM in supporting workforce stability in crisis-prone economies.https://www.mdpi.com/2076-3387/15/6/205human resource management (HRM)brain draineconomic-statistical analysisHR strategiesGreece |
| spellingShingle | Kyriaki Efthalitsidou Konstantinos G. Spinthiropoulos Nikolaos Sariannidis Konstantinos Panytsidis Konstantina Ragazou George Vittas Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024 Administrative Sciences human resource management (HRM) brain drain economic-statistical analysis HR strategies Greece |
| title | Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024 |
| title_full | Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024 |
| title_fullStr | Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024 |
| title_full_unstemmed | Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024 |
| title_short | Analysis of Funding for HRM and Its Relationship with Brain Drain in Greece from 2020 to 2024 |
| title_sort | analysis of funding for hrm and its relationship with brain drain in greece from 2020 to 2024 |
| topic | human resource management (HRM) brain drain economic-statistical analysis HR strategies Greece |
| url | https://www.mdpi.com/2076-3387/15/6/205 |
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