Change in Business Profitability

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Introduction:

• Brief overview of the relationship between business profitability


and HR planning.

Benefits of increased profitability:


• Achieve workforce expansion.
CHANGE IN • Benefits in offering competitive salaries.

BUSINESS • Ability to attract high quality employees.

P R O F I TA B I L
There are several things that can lead to changes in the profitability of a
ITY business

•Changes in income: an increase in sales or income can have a positive


effect on profitability. This can be the result of increased sales, higher
prices or the introduction of new products or services.

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