Upward pressure on HR costs is leading to relentless upward pressure on an organization's cost base.

Question

Quizplus · Accepted Answer

As HR costs (such as salaries, benefits, and training expenses) increase, they can contribute to an overall increase in an organization's cost base. This can be especially challenging for organizations that struggle with revenue growth or efficiency gains, as they may not have the means to offset these rising costs.

Upward Pressure on HR Costs Is Leading to Relentless Upward