Question: By comparing forecasts for labor supply and demand for specific jobs, HR planners can determine whether there will be a labor surplus or a labor
By comparing forecasts for labor supply and demand for specific jobs, HR planners can determine whether there will be a labor
surplus or a labor shortage for certain categories. The second step in human resource planning is to define specific goals regarding a
desired outcome and provide benchmarks for determining the relative success of a program aimed at addressing labor surpluses or
shortages. There are a number of strategies for addressing the issue of a labor surplus that vary according to expense, speed,
effectiveness, and the amount of human suffering.
Each statement below describes an option for reducing an expected labor surplus. For each question, select the correct answer based
on the speed of the proposed reduction in labor and the amount of human suffering incurred.
ArgoTech recently purchased the power accessories division of TRW Incorporated. All employees eligible to retire were
encouraged and sometimes forced to do so
In September, Progressive Insurance announced a company reorganization to increase efficiencies and reduce costs. Two
months later, the company announced a reductioninforce of people.
When GM downsized its Janesville assembly plant in Wisconsin, some employees were offered an opportunity to stay on board
and share job responsibilities with other workers.
When a restaurant chain has an employee surplus as one of its locations, it may allow the extra employees to work at another
location where there is not a surplus.
Cedarcrest Town Council trustees regularly hire new animal control officers. Recently, however, the trustees discussed the
nossibility of not hiring for the nosition for the cominn calendar vear.
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