Solenz Inc.is a relatively new company that employs 23 workers.When it finished a major contract,the owner realized that there wasn't enough work left for all the remaining workers.The company is negotiating contracts that could provide future work in a few months,but it currently must address its labor surplus in order to remain financially sound.Which of the following is the best strategy to deal with this labor surplus?

Question

Quizplus · Accepted Answer

Work sharing allows the company to reduce the number of hours each employee works, rather than laying off employees. This approach helps retain skilled workers for future contracts while addressing the immediate labor surplus.