Reference no: EM132742775
Discussion-The Effective Human Resources Department
The qualities needed to make businesses competitive are changing in the global economy. Businesses must make their decisions make sense financially but also strive to balance financial goals with what is best for their employees and customers.
Using the University online library resources and the Internet, research the costs and benefits of companies having an effective HR department.
Examine the costs and benefits of a company managing the following factors:
Absenteeism
Training
Productivity
Turnover
Employee diversity (including gender, age, race, education, experience, disability, religion, sexual orientation, or ethnicity)
Based on this information, respond to the following questions:
What are the direct costs?
What are the indirect costs?
How are these elements measured?
Are the programs instituted created voluntarily by the company or initiated for legal requirements?
What steps are necessary to determine if managing each factor makes financial sense?
Present any applicable program examples you may have to support your arguments based on your current or previous work experiences.
Identify a clinical issue of interest
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Financing alternatives and funding small businesses
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What the appropriate total budget for the department
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Determine what the direct labor rate variance is
: Determine what the direct labor rate variance is? Rate: standard, $12.00; actual, $12.25. Hours: standard, 18,500; actual, 17,955
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The effective human resources department
: The qualities needed to make businesses competitive are changing in the global economy.
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Make statement of stockholders equity for month ended June
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What knowledge did you gain about the group
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What the cash collections expected in november
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Employment laws
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