Unforeseen Human Resources Costs

An enterprise always needs to have a contingency plan when it comes to human resources, in other words, it needs to:

• Plan for the things it hopes will not actually happen – for example, a member of staff being unable to work for several weeks because of illness.

• Have money available for unexpected costs – for example having to pay someone else to help while the staff member is ill, while also continuing to pay the sick person’s wages.

Sometimes a member of the enterprise’s team may decide to leave their position for another job. If this happens the enterprise will need to:

• Advertise for a new team member

• Ensure managers take time out of their busy schedule to interview new staff

• Pay for any training requirements a new team member may have or need.