Development of the Croatian HR Benchmarks List and its Comparison with the World-Approved Ones

Human resource benchmarking has become increasingly important as organizations strive for better performance. Observing, adapting and reapplying best HR practices from others became the essential management tool. The article defines HR benchmarks appropriate and significant for the Croatian business environment, which were predominantly compensation indicators. In particular, the research revealed that Croatian HR benchmarks are different from HR benchmarks used in developed countries. Namely, in Croatia, HRM as a management activity is still emerging and developing, and, as a result, Croatian HR benchmarks are oriented toward basic HR activities.