Optimization management of personnel costs in the context of economic instability

In the context of instable environment, limited resources and increased competition, competitive strength of national companies directly depends on the balanced management decisions in the implementation of development strategies, effective human resources management, on the one hand, and the need to optimize the costs spent on personnel, on the other hand. The article presents the modern approach to the personnel cost management taking into account the use of optimization tools in the context of limited resources and crisis phenomena.