Which of the following options is considered a fast option for reducing an expected labor surplus but results in high human suffering?
A)Early retirement
B)Retraining
C)Hiring freeze
D)Natural attrition
E)Demotions

Question

Quizplus · Accepted Answer

The second step in human resource planning is goal setting and strategic planning. As part of this step, many organizations determine that they might have surplus staff in the future. One of the options for reducing an expected labor surplus is demotions, which is a fast option to reduce surplus staff, but it typically results in high human suffering.

Which of the Following Options Is Considered a Fast Option