The Right Personnel
Businesses generally have multiple employees completing various task. If this is your business, then you need to evaluate the expenses needed when hiring new personnel.
Personnel expenses may include expenses of current and future employees, which are needed to successfully implement the marketing strategy.
Expenses to consider include:
- Number of employees
- Type of labor (skilled, unskilled, professional)
- Where to find new employees
- Quality of existing staff
- Pay structure
Dr. Elijah Clark (May 21, 2023). Outlining your personnel expenses [Web log post]. Retrieved from https://elijahclark.com/outlining-your-personnel-expenses/