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HUMAN RESOURCES AND THE BOTTOM LINE: MISTAKES ARE COSTLY!

Sherman Hayes (Library Directorat Bentley College, Waltham, MA. Mark Rosen is an Assistant Professor of Management at Bentley College, Waltham, MA.)

The Bottom Line

ISSN: 0888-045X

Article publication date: 1 February 1993

381

Abstract

At first glance, the typical human resource management activities of hiring and firing do not appear to be directly related to finance, accounting, and the bottom line. Each of these are distinct functions within the larger arena of library management. And in most large library organizations, financial management and human resource management are separate activities, managed by people with different educational backgrounds and specialties. The intent of this article is to show that the two functions are in fact interdependent. Mistakes in the management of human resources can have a dire impact on the bottom line if the wrong person is hired and litigation results.

Citation

Hayes, S. (1993), "HUMAN RESOURCES AND THE BOTTOM LINE: MISTAKES ARE COSTLY!", The Bottom Line, Vol. 6 No. 2, pp. 33-35. https://doi.org/10.1108/eb025376

Publisher

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MCB UP Ltd

Copyright © 1993, MCB UP Limited

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