Posts Tagged: Profit Center

CreateANewProfitCenter

Four Ways HR Can Operate More Like A Profit Center

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I’m not saying we throw all the accepted accounting principles and practices out the window. My idea revolves around the way we “sell” HR and recruiting services internally. Even though it technically does not turn a profit, why can’t we set up the way the profit centers use HR in a way that “charges” (ie. distributes the share of the expense for the HR department) out to the profit center based on the type of HR usage they have?