Forecasting indicates your company needs to reduce its white-collar workforce in order to avoid a labour surplus in the next three to five years.Consistent with the corporate culture it wants to maintain,your company places a higher priority on minimizing human suffering than on achieving the labour reduction quickly.The options that are most consistent with these priorities are:
A) demotions and transfers.
B) transfers and reducing hours.
C) early retirement and retraining.
D) natural attrition and transfers.
E) pay reductions and transfers.

Question

Quizplus · Accepted Answer

Early retirement and retraining are the best options that align with the company's priorities of minimizing human suffering while still achieving the required labour reduction. Early retirement allows employees to leave the company voluntarily and with financial compensation, whereas retraining can provide employees with new skills to transition into different roles within the company. Both options minimize the negative impact on employees while still meeting the company's needs.

Forecasting Indicates Your Company Needs to Reduce Its White-Collar Workforce