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Acquisition of Human Resources

In: CFO Techniques

Author

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  • Marina Guzik

Abstract

The challenges associated with tasks essential to the administration of HR are reflected in the multiple meanings of the term itself. From an operational and monetary standpoint, labor is a resource not much different from capital or equipment, but its quality may be somewhat unpredictable. Its proper maintenance depends on expensive and time-consuming nurturing. At the same time, the individual units of this resource constitute the substance of the organizational structure and, as such, require efficient placement, streamlining, and coordination. It’s a regulated commodity governed by labor laws and the taxation code. Yet, up close, a company’s employees are unique human beings with their personal traits, quirks, backgrounds, home lives, and so on.

Suggested Citation

  • Marina Guzik, 2011. "Acquisition of Human Resources," Springer Books, in: CFO Techniques, chapter 0, pages 325-332, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4302-3757-0_38
    DOI: 10.1007/978-1-4302-3757-0_38
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