HRM 3430 Chapter Notes - Chapter 2: Human Capital
12 Feb 2018
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Document Summary
Hrm 3430 low cost provider strategy implications on human resources strategy. There are direct repercussions on human resources management strategy when there is the implementation of a lower cost provider strategy. A significant factor in this organizational strategy is the costs. Senior managers as well as other employees manager labour costs. It is important for the organization"s productivity, effectiveness, as well as efficiency, to be properly and correctly managed and controlled. The repercussions of having a low cost provider strategy for parts of human resources management related to the employee are the following: For the most part the job consists of doing the same thing over and over. There is much stability and repetition of the same tasks and activities. In this case, the employee does what they are told to do, no more, no less. The business or company wants to do more and more with less and less.
