RST is a small software firm that operates using the very latest technology.As a result,the employee skill sets required change rapidly.The skill sets of employees who have been with the company for several years are found to be inferior to those of new hires,and the company has realized that fresh graduates are often better qualified to handle the projects.The firm's resources are limited and it needs to spend as little as possible on the staffing function,reserving most of its capital for project-specific investments.Which of the following staffing goals would be most suited to the company's needs?

Question

Quizplus · Accepted Answer

Hiring employees every two years on a contract basis would be most suited to the company's needs for several reasons. First, since the company's resources are limited, hiring employees on a contract basis would allow it to minimize staffing costs. Second, since the firm operates using the very latest technology and the skill sets required change rapidly, hiring employees on a contract basis would allow it to bring in fresh talent with up-to-date skills every two years. This would help ensure that the firm has employees with the necessary skill sets to handle the projects it takes on. Finally, hiring employees on a contract basis would allow the firm to bring in employees for specific projects, rather than hiring them on a permanent basis, which would ensure that its capital is reserved for project-specific investments.

RST Is a Small Software Firm That Operates Using the Very