An Executive’s Guide to Cutting HR Costs
Entrepreneurial execs know that they need to follow the rules, but they may not realize what decisions may lead to the two vital components that keep HR costs lower:
- Increasing productivity
- Minimizing human capital expenses
This paper focuses on minimizing human capital expenses in four areas:
- Hiring the right person for the right seat on the right bus
- Improving performance with motivational yet balanced total compensation
- Complying with the law
- Offering competitive benefits, communicated effectively
