Hi, need to submit a 3250 words paper on the topic GeoScot Industry. Employing an HR manager is a big decision for a company like GeoScot Ltd. since it is a small sized company and in its introductory

Hi, need to submit a 3250 words paper on the topic GeoScot Industry. Employing an HR manager is a big decision for a company like GeoScot Ltd. since it is a small sized company and in its introductory phase. Usually, when hiring an employee, there needs to be a complete evaluation of the candidates before any decision can be made. For the situation the company is in, the current requirements and the future needs all have to be kept in mind before the decision of part-time or permanent HR manager is taken.

The cost plays a major part in the decision making. A part-time employee hired on a contract instead of on a permanent basis can give many economic benefits as well (Zhu, 2005). For example, GeoScot may need to invest in various funds related to each permanent employee, some of which is even paid to the employee when he/she leaves the organization. All these expenses are nil in case of contractual employees. So, hiring an employee on a contractual basis would be economically suitable as well. But since the organization is in the running for 3 years now, it would have some available funding to hire a full-time HR manager.&nbsp. Sometimes a person is widely known in the industry for his/her experience, skills and value. Such a person is wanted by all organization, however, only one company can employ that person. Usually, such a person would demand that his/her terms and conditions be met. This might mean that the employee would work only full time or part time, would have a 5 or 10-year contract, want a salary above a million dollars, etc. If such a candidate is found on a low salary, then GeoScot should hire him/her since such a person would be competent, experienced and skilled in the areas where GeoScot is trying to expand (S. L. B., 2008). However, obtaining such an employ on a low budgeted company like GeoScot is extremely rare.