Question: For each example below, indicate whether it is typical of the old social contract or the new social contract. Example Old Social Contract New Social
For each example below, indicate whether it is typical of the old social contract or the new social contract.
| Example | Old Social Contract | New Social Contract | |
|---|---|---|---|
| Gourd Supermarkets has an extensive training program for all new employees and then has all employees spend a day in customer service and workplace safety training each year. |
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| Pure Nature Vitamins rewards employees with annual incentive pay based on that years performance rather than salary increases based on seniority. |
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| Jessica wants to know her job will be there for her year after year. |
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You have just been hired as the VP of human resources for a company with three divisions that have been struggling with their HR management. They have been using traditional approaches of using online job boards, employee referrals, and college job fairs to hire full-time employees. One of your first tasks is to help each division select an innovative approach to HRM that fits its needs. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Your consulting division is finding that competition for experienced business consultants who earn clients trust is intense. Furthermore, once a good consultant is hired, it is important to retain that person so they dont go elsewheretaking their clients with them. What would be the most appropriate HRM approach?
A. Find out what kind of work environment and benefits consultants most value and become well-known for providing these things.
B. Use compensation surveys to find out what average pay and benefits are in the industry and make sure the divisions compensation is in line with that of its competitors.
C. Contract with consultants on a short-term basis to lower costs and bring in different expertise as needed.
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