How hr can be both a cost center and a profit center

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Traditionally, HR has focused on the costs associated with each specific task section, such as advertising or filling an open position. HR has traditionally been considered the one department solely focused on how to save money. Today, HR has reordered that focus and included the HR best practices that generate profit through increased productivity and revenue.

Explain how HR can be both a cost center and a profit center. Use data and examples to prove your theories.

Reference no: EM133159026

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