What is staffing in management?

Answer 1

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.