Making HR a profit centre through background screening
                     Making HR 
a profit 
centre
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Making HR a profit center
They are typically responsible for activities like recruitment, 
training and development, managing pay, and performance 
appraisal. All these functions involve significant investment 
and are not revenue generating. Hence, a human resource 
department is generally considered as a cost centre of an 
organisation.
How can you make HR a 
Profit Centre?
A human resource department does not carry out 
revenue generating activities. However, various 
strategies can be implemented enabling cost reductions 
which in turn can contribute to profits. These strategies 
include:
Implementing pre-
employment screening
A comprehensive employee screening procedure will help 
you hire right and minimise recruitment-related costs. While 
this approach seems resource and time intensive, the 
investment will result in long-term returns.
Utilizing internal talent for 
efficient human capital 
management
Another way to make HR a profit centre is to utilize the 
internal talent. Implement an employee referral system to 
identify and attract talent. Your employees can be a highly 
effective source to hire candidates, plus this strategy helps in 
reducing hiring costs.
Employee retention strategies 
to save costs
raining and development, orientation, employee feedback, 
and pre-employment screening are ways in which you do not 
lose out on talent. While these processes may demand 
significant investment, they also offer benefits in terms of 
reducing costs on re-hiring and related activities.
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