Summary

An analysis of true costs are essential to effective Human Resource management. Often Human Resource activities are introduced and created without regard to their cost.

Significant costs are associated with workplace accidents, recruitment and training in terms of lost time, advertising and specialist recruitment consulting etc. These costs can be allocated in PayGlobal to fit in with your current or desired system.

The Costing Framework component of PayGlobal identifies cost areas for an organisation.

See also

Cost Centres