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I-deals as a Human Resource Initiative: Exciting Innovation or Passing Fad?

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Idiosyncratic Deals at Work

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Abstract

As the workplace continuously reinvents itself due to advances in technology, changes in society, and unexpected events like COVID-19, both employers and employees are employing idiosyncratic deals (i-deals) to allow for flexibility for both sides. This chapter addresses i-deals from a human resources (HR) perspective, by focusing on three critical themes. First, we discuss how organizations effectively institutionalize i-deals, and how such i-deals impact human resource philosophy and practices, given that HR departments often lead the effort to institutionalize such deals through individualized and fair HR practices. Next, we explore how supervisors can make sure that i-deals are fair and effective. Following this, we discuss where i-deals fit in the international human resource management (IHRM) context. A total of fourteen future research directions are identified with particular emphasis on practical HR perspectives. Finally, this chapter constructs a bridge between the two disciplines through drawing upon established literatures from i-deals and IHRM, to extending our current knowledge through both theoretical and practical lenses.

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Authors and Affiliations

  1. Loyola University Chicago, Chicago, IL, USA

    Arup Varma

  2. National Central University, Taoyuan City, Taiwan

    Chun-Hsiao Wang

  3. Coventry University, Coventry, UK

    Hyun Mi Park

  4. Australian Institute of Business, Adelaide, SA, Australia

    Parth Patel

Authors
  1. Arup Varma
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  2. Chun-Hsiao Wang
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  3. Hyun Mi Park
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  4. Parth Patel
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Correspondence to Arup Varma .

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Editors and Affiliations

  1. Illinois Institute of Technology, Chicago, IL, USA

    Smriti Anand

  2. University of Bath, Bath, UK

    Yasin Rofcanin

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Varma, A., Wang, CH., Park, H.M., Patel, P. (2022). I-deals as a Human Resource Initiative: Exciting Innovation or Passing Fad?. In: Anand, S., Rofcanin, Y. (eds) Idiosyncratic Deals at Work. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-88516-8_7

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