Jefferson, a Senior Manager at Gold Storage Vaults Inc., has determined that the company has a talent surplus. Which of the following methods should he use to manage the talent surplus?

Question

Quizplus · Accepted Answer

Reducing employee work hours may help manage the talent surplus without resorting to layoffs or other negative consequences. This allows the company to retain its existing employees while still managing costs. Outsourcing work to a third party or using contingent workers may also be options, but they may not be as effective in retaining existing talent or maintaining continuity of operations. Reducing employee turnover is not a method of managing talent surplus, as it focuses on retaining employees rather than reducing their numbers.