Research Journal of Economics

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The Impact of HRM on Employee, Organizational, and Financial Outcomes in Health Care Organizations

Human resource managers must decide whether to hire long-term
employees or contract employees for specific positions. They would
have to pay federal retirement aide, medical services benefits, paid
leaves, and other benefits if they enlist a long-term asset, in addition to
the essential compensation and other stipends. However, hiring an
asset on an agreed-upon basis implies that they must pay the agreedupon
sum to the office in charge of placing the individual in question.
Obviously, cost and financial considerations are not the only
considerations, since other aspects such as the asset's position in the
chain of importance, the apparent value added by the asset despite its
accessibility, or the ranges of talents must be considered. Furthermore,
some of the cautious grid used for assessment is structured by the
whole costs of such value increase.

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