What makes an HR Manager a strategic partner in the business is his implementable recommendations that impact positively on stakeholders and the bottom line.
My recommendations to one of my employers:
1. Increase staff salaries by 100%
2. Increase raw material purchase by 30%
3. Get 80% increase on profit margin.
4. I will resign if profit is not achieved.
Employers Action:
1. Increased staff salaries by 100%
2. Increased raw material purchase by 15%
3. Profit margin went up by 100%
When raw materials availability is low, how do you realize staff salary and profit increases of 100% respectively ?
ReplyDeleteWhen raw material is low, unit cost of production is very high. With increased raw materials, well motivated workforce, there is increased production with low unit cost, combined with unchanged selling price, the profit jumps up
ReplyDelete