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Is HRM an Expensive Luxury?

 
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Is HRM an Expensive Luxury?

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A 10 page paper discussing HRM’s current relevance in today’s business environment. The HR functions of both Ritz-Carlton and the Chubb Group were the driving forces behind the changes at these companies. Acting as much more than resume collectors and time trackers, each company’s HRM was able to save their companies millions annually merely by doing the same things with different approaches than had been standard. The bottom line is that HRM no longer is a luxury at all, at least where senior management assigns it duties of significantly decreasing labor costs. When times are bad, HRM is of more value than ever. Bibliography lists 11 sources.
Pages: 10
Filename:CC6_KShrLuxury.rtf
Paper Title: Is HRM an Expensive Luxury?
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