Think HR Think CHRM
Tuesday - 15 Oct 2019

CHRMGlobal.com on LinkedIn
Username : Password: Forgot Password?
Updates
Updates
HR Cost Cutting
Human Resources » Corporate Social Responsibility


Chrm Message From: bperos Total Posts: 1 Join Date: 06/01/2009
Rank: Beginner Post Date: 26/08/2010 23:53:56 Points: 5 Location: India

Dear All,

 

I would like to know list of area wise HR Cost saving budget plans, since each other department can quantify their cost cutting but in hr im not able to quantify the savings plan. Hence any of the senior gurus can help me out.

 

Regards,

Peros Kumar 

Chrm Message From: mrinsi2002@yahoo.co.in Total Posts: 4 Join Date: 06/01/2009  
Rank: Beginner Post Date: 01/09/2010 07:38:48 Points: 20 Location: India

Hi,

I am a new member of this group and would be glad throw some light on the query posted by you regarding cost cutting in HR.

You are right to an extent when you say that in HR its little difficult to quantify the results.  Still, many targets in HR can also be quantified and ultimately cost cutting exercise can be carried out. E.g.

HR professionals can work on bringing down the 'Cost per hire', 'recruitment cycle time', 'training cost' etc.  If we consider Admin also part of HR, then, cost on transportation, canteen etc. can also be regulated.

Other than these, you can always go for minimum usage of paper by giving less prints, save electricity and water...

 

Thanks & Regards,

Mrinalini

 
Events
 
Related Discussion
India's Rising Employee C
HR Heads relish new Power
In-House Magazine : From
Do HR Managers Become CEO
HR Service Efficiency Rev
HR Square Management
Six Sigma and HR
HR for Line Managers
When is an HR Department
Cost of Bad Hiring
 
Related Articles
Setting an HR Department
HR in India Is it still
Changing Role of HR Funct
Competency Based HR Manag
Who is HR's Customer ?
Why Outsource HR ?
Corporate Social Responsi
HR Metrics
HR Scorecard : Making It
The Way Ahead for HR Spec