answersLogoWhite

0

Staffing is a term that refers to the management of employee schedules. For many retail businesses, staffing is monitored hourly because the cost of employee paychecks is a significant cost driver for the organization. For example, if you own a store and "staff" or schedule five employees to work between the hours of 8 a.m. to 6 p.m. at $10 per hour, you would be spending $500 on payroll. If the store sells $300 of merchandise per day, they'd be loosing money by staffing 5 people to work each day for ten hours each. Rather, they would need to reduce their workforce down to 2 people to ensure they aren't spending more money on payroll (otherwise known as labor cost) than what they're making in sales (which is essentially how profit is derived). Note: this is a much different question than "what is staffing management." Staffing management customarily refers tgo companies that manage temp agencies. These are companies people call if they need to hire an employee part time or for a temporary assignment.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What are the type of management in human resource management?

Staffing, performance, appraisal, compensation, and benefit


What are the four functions of management?

Planning, organizing, Staffing and controlling


What is a part of risk management?

Planning,directing,staffing,evaluation


What are the four management functions?

Planning, organizing, Staffing and controlling


What are the seven functions of management?

What are the seven functions of management?- planning;- organizing;- staffing;- directing;- coordinating;- reporting;- budgeting.


What is office management and explain the element of office management?

planning,organizing,staffing,directing,motivating,coordinating & contrlling.


What is office management and explain the elements of office management?

planning,organizing,staffing,directing,motivating,coordinating & contrlling.


What are the 5 key management challenges?

Planning Organizing Staffing Directing Controlling


Management includes planning organizing staffing controlling budgeting and leading?

Agree


What is the definition of management from 20 different authors?

management is a process of planning, organizing,staffing, directing, coordinating and cooperating, budgeting in an organization.


4 criterias in staffing human resouce management?

the four 4 criterias in staffing is involves job analysis,resouce planning,human resouce planning,recruitment and selection...


What is the breakdown the four functions of management on Boeing?

There are 5: Planning, organizing, staffing , controlling, and actuating