Tuesday, February 2, 2010
Chapter 6 Reflection
Today in class we talked about strategies for addressing a labor shortage or surplus'. In todays economy it really puts a business owner in a bind in almost every industry. Because of the struggles facing employers they are forced to make cuts whether it is by cutting hours, tranfers, demotions, pay reductions, or the lay offs. Some of the possibilties to avoid a short a company could have employees work overtime, bring in temps, or outsource diferent jobs. A HR or business owner will have to weigh the options and see what options will work best for their individual cirmcumstance.
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