A company with increased growth and revenue, what factors should be taken into consideration as to whether to hire more employees, and why?

When a business represents an increase in growth and revenue, there are some following concerns before the HR department decides to hire more employees:

• The sustainability of the increase in growth and revenue: If the increase is back-supported by the profitable projects and sustainable development, the firm should hire more employees for new investments and new tasks. However, if the growth in revenue is caused by uncontrolled factors, which will last in a short period, hiring new employees would generate a cost burden in the future.
• The seasonal characteristic of revenue: In some types of businesses, revenue would increase in a short period during a year, which will require more employees for this period only. That fact makes the HR department to create an appropriate strategy in hiring.
• Period budgeting: The company's available budget for a particular period would affect the hiring decision even though there is a signal for the need of more employees. If the available budget cannot afford hiring new employees, the sustainable growth in revenue would be negatively impacted.
• Available skill set of existing human capital: If the existing human capital could handle the future growth, the firm should not hire more employees since new hiring would incur more expenses.