a. All human capital management strategies of the company have a far-reaching social impact
i. Skill retrenchment can cause
1. Stress within the HR organisation
2. Social and personal impact on retrenched skill
3. Brand image of the company maligned on social and print media
4. Cost to retrenchment
ii. Skills retaining can cause
1. Cost of training
2. No assurance that the re-trained skill will deliver
3. Morale of skill being retained