A substantial body of research has shown that the use of strategic human resource management (SHRM) can influence employees' job resources thereby facilitating well-being. However, little evidence exists on the link between SHRM and teachers' perception of job demands and job resources in the school. Based on semi-structured interviews with school leaders and team members, a comparative analysis between excellent and moderate strategic schools was conducted. The results indicate that: 1) various aspects of the teaching job and school environment are perceived both as job demand and resource by teachers and 2) teachers in moderated strategic schools perceive on average more demands related to the school leader compared to excellent strategic schools. Suggestions for further research and practical implications are discussed.