Business, 14.01.2020 00:31 prestontu8883

Discuss the effects that an impending labor shortage might have on the following three sub-functions of human resource management: (a) selection and placement, (b) training and career development, and (c) compensation and benefits. which sub-function might be most heavily impacted, and in what ways might these groups develop joint, cooperative programs to avert a labor shortage?

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Answer from: wibi1963

Please see the details

Explanation:

The effects of impending labor shortage might effect

a) Selection and Management are getting tougher with lack of active candidates seeking for job or lack of skilled candidates attending the placement process. There is lack of required skills for the job role and hence this subsection needs to send job proposals to even passive job candidates at competitive prices and incentives to attract them towards the company.

b) Training and Career Development is facing reduced number of applicants and they need to put in a lot of effort in order to make the selected candidates learn the required skills suitable for the job. This department is facing a lot of issues as the time and cost invested in training is increasing with increasing labor shortage.

c) Compensation and Benefits is to be prepared to pay more to attract and retain employees. Increased compensation is a fact of life in the early phase. By being prepared, managers can ensure that they are not the last to increase compensation and thus end up with the worst of the labor shortage. For example: it's either the worst candidates or no candidates at all.

The ways that might develop joint, cooperative programs to avert a labor shortage is by :

a) Increasing the number of applicants

- Influencing and expanding the gate keeping institution ( Schools

and training's to expand the production of graduates)

b) Maintain the supply by reducing the flow of workers out of the firm

- Reducing absenteeism

- Efforts to reduce voluntary quits by improving sources of

dissatisfaction

c) Reducing Labor demand and the overall need for a new workers

- Using contingent workers to meet peak demand,

Answer from: Quest

The correct answer is b

Answer from: Quest

To be honest, here's what i think. i think the answer is (and i'm not exactly sure), that it is, both personal and household income.

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Discuss the effects that an impending labor shortage might have on the following three sub-functions...

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