The aim of this project is to determine the association between different human resource management (HRM)
practices and business success in small and medium enterprises in Hong Kong. The 1300 entrepreneurs were randomly
drawn from the membership list of the Hong Kong Small and Medium Enterprise (SME) Association and the number of
responded questionnaires was 394. Based on the responses, the extent of each HRM practice was correlated with the degree
of business success. The correlation coefficient, Spearman r were ranged from 0.64 to 0.83. In conclusion, HRM
practices were significantly correlated with business success in the SMEs in Hong Kong.