Bad effects of overstaffing on business finance

[cherry123]

Overstaffing will continue to be bad to a business finance as it's helps to deplete the business finance drastically. as one would be paying out more as salary than it should be.

 

[cherry123]

Overstaffing is sure to deplete the business finance. This is because one would be paying out more as salary and wages than it should be. so you would be running down your business

 

[IB D]

When you start owing your staff because of an inflated wage bill, you would have a bad reputation which could damage your business entirely.

 

[nomad]

Over staffing is one of the major problems for businesses, especially big businesses. Therefore, it is a common practice in business world to lay off staff

 

[eldavis]

Besides the fact that over staffing affects your business financially, it could also lead to some staffs idol during working hours.

 

[Starmix]

Overstaffing seldom happens because it's under the care of the human resource office. The control is from them if needing new applicants or not.

 

[Min George]

When you have too many staff, you struggle to pay salaries and may need to take loans to pay salaries which makes the business not to grow.

 

[King Belieal]

Over staffing would even make the company to be owing debts or delaying payments. That is not good for business.