The HR function has a vital role to play in controlling an organisation’s labour costs. Some of the strategies in which the HR function is involved, include analysis of employee turnover, managing the organisation’s compensation and rewards program and ensuring the right mix of labour, for example outsourcing, labour-hire and employees.

 

Engaging a worker as an employee is only one of a number of employment options. Other types of worker include casuals, contractors and labour-hire worker. Which type of worker you choose will depend on factors such as the advantages/disadvantages of each, the type of work which is to be performed, the length of the contract and limitations which may be imposed by awards or agreements.

 

HR strategy also involves crisis management. When things go wrong, strategies are required to manage and solve the issues at hand. Several crisis management checklists are provided for this purpose.