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Financial Issues of Organizational Management

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Please discuss financial implications of the problem. How would you look at these financial implications in the context of an organization? What does the literature say?

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There are a myriad of financial implications in dealing with the problem of effectively managing human resources, due to the fact that managing human resources is a financial endeavor within itself, which means that in effect, the handling human resources will have financial implications and or consequences, for the entire organization. One of the major financial implications of effectively managing human resources, is the fact that human resources management personnel must be able to develop a plan by which to facilitate the implementation of methodology, by which to provide for the human resource or personnel needs for the organization, within the budgetary constraints that has been mandated to them by organizational leadership. Human resource management personnel must find a way by which to first attract the highest caliber of personnel, which requires that human resource management allocate a portion of their budget to recruitment marketing, and one of the most difficult ...

Solution Summary

The financial implications of the problems in context organizations are provided. What the literature says is determined.

See Also This Related BrainMass Solution

Assess Major Compensation Issues

Find recent journal articles and publications that provide current insights into each of these three perspectives:
• What do you think are the most important strategic compensation issues in the modern workplace?
• Why are these particular issues a challenge in today's workplace?
• How have major compensation issues changed in the last 10 years?

Write an analysis to compare and contrast these different perspectives and analyze how each of these three perspectives contributes to the pay strategy of an organization.

Support the paper with at least five (5) resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. The paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic.

Use current APA standards.

Length: 5-7 pages

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