An Executive's Guide to Cutting HR Costs

 

Entrepreneurial executives 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:

   1. Increasing productivity
   2. Minimizing human capital expenses

The following paper will focus on minimizing human capital expenses in four areas: 

   1. Hiring the right person for the right seat on the right bus
   2. Improving performance with motivational yet balanced total compensation
   3. Complying with the law
   4. Offering competitive benefits, communicated effectively

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