Asked by Noemi Villalobos on May 08, 2024
Verified
Rantly Corp. is eliminating its desktop computer repair center in Minnesota. Meanwhile, the demand for mobile device repair-a service it provides in Florida and New Jersey-is growing rapidly. Betsy, a human resource specialist at the Rantly Corp. headquarters in Miami, must plan to avoid a labor surplus in Minnesota in a fast and effective way. She wishes to do so with minimal employee suffering in terms of layoffs and salary. Which strategy would best help Betsy accomplish her goal?
A) pay reductions
B) transfers
C) demotions
D) early retirement
E) hiring freeze
Labor Surplus
A situation in the labor market where the supply of labor exceeds the demand for labor, often leading to unemployment or underemployment.
Transfers
The process of moving employees from one job, location, or department to another within the same organization.
Early Retirement
The act of leaving the workforce before the traditional retirement age, often with incentive packages offered by employers.
- Apprehend the methods employed in the management of labor surplus and shortages.
Verified Answer
Learning Objectives
- Apprehend the methods employed in the management of labor surplus and shortages.
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