What is a Contingency Approach?

The term “contingency approach” holds significant importance in Human Resources. It’s a framework that provides HR professionals with a strategic perspective on managing employees and organizational processes. 

Often referred to as contingency theory or contingency management approach, this concept recognizes the dynamic and ever-changing nature of the workplace. It emphasizes the need to adapt HR practices to suit an organization’s unique circumstances, ultimately leading to more effective decision-making and problem-solving.