An organization facing a shortage in human capital is looking to implement a flexible work arrangement to enable its resources to be transferred when needed. Which of the following arrangements should they choose?

Question

Quizplus · Accepted Answer

Floats and transfers refer to the practice of moving employees between different departments or locations within an organization based on business needs. This flexible work arrangement is ideal for an organization facing a shortage of human capital as it maximizes the use of existing resources and enables the organization to quickly adapt to changing business needs. Overtime and flexible retirements only address existing employees, while developing employees internally and job sharing may not provide the necessary flexibility to transfer resources as needed.

An Organization Facing a Shortage in Human Capital Is Looking