Description:
Managing Human Resources is a key challenge in the contemporary business environment. While the organizations witnessing acute attrition of human resources, Human Resource Department is under tremendous pressure to come with an innovative and strategic approach in managing the human resources so that the business will not suffer due to scarcity of talents. One of the key strategies is to hire buffer resources at affordable cost and maintain a pool of trained resources who will act as backup for the key positions and who will step into such key positions over a period of time whenever the critical resources leave the organization. This article explores the way to manage the human resources and offers tips to the organizations how to maintain their People Balance Sheet in a healthier way.
