Question

What is a type of fixed cost that a Human Resource department of a corporation would typically have?

Answer 1

The fixed cost in the human resource department of any organization would be the cost of the wages of the employee working in that department. Generally, the human resource department is the one who takes care of the hiring and laying off the employees of an organization. From the time of on-boarding of an employee, his training and formal induction process and when he leaves the organization, this all is taken care by the organization of the company human resource department but they are mostly involved in the hiring of employees. In between when there is freeze on hiring still the company would be occurring that cost. The wage cost would be fixed cost for the human resource department in any organization.