Human Resources Strategy Exercise
1. In your opinion, which option is the lowest cost for the company? Explain.
In my opinion the option for the lowest cost for the company would be to send the
work offshore to an outsourcing company. The offshore company in India is one
third of the cost whereas the other two options would cost more.
2. In your opinion, which option has the lowest risk for the company? Explain.
In my opinion the option which has the lowest risk for the company would be to
hire contract or temporary employees. The reason I think this is has the lowest
risk to the company is because they are only hired for a specific length of time.
Temporary workers or contracts help reduce overall staffing costs, because
having them to help will allow your full-time employees to be fully productive
while giving you the ability to “try out” potential hires.
3. Would you consult with your existing staff before deciding on additional
staffing? What are the benefits and difficulties with involving your staff in
the decision-making?
I would consult with my existing staff before hiring additional employees. One
reason I would consult with them is because they may be able to refer someone
