Notice of RetractionManagement of the human cost based on theory of human resources life cycle

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Cost management of human resources is the sum of expenditures that an organization acquires, develop, use and ensure necessary human resources and disburse the leaving cost of human resources in order to achieve their goals, to create the best economic and social benefits. The object of cost management of human resources is human resources. Human resources and other things, also has a life cycle, namely the introduction, growth, maturity and termination period. Therefore, in the cost management of human process, according to the characteristics of human resources at various stages of the life cycle, investing and controlling human cost effectively, so as to achieve a better effective of human cost management to achieve business objectives and enhance market competitiveness.