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4 Cards in this Set

  • Front
  • Back
downsizing, pay reductions, demotions(high human suffering), transfers, work sharing(moderate human suffering)(fast speed), hiring freeze, natural attrition, early retirement, retraining(low human suffering)(slow speed)
the various options (and associated impacts) for reducing labor surplus
overtime, temporary employees, oursourcing(fast speed), retrained transfers(high revocability), turnover reductions(moderate revocability), new external hires, technological innovation(slow speed)(low revocability)
various options (and associated impacts) for avoiding an expected labor shortage
-planned elimination of large numbers of personnel designed to enhance organizational effectiveness.
impacts: reduce labor costs, closing outdated plants reduce the need for labor, changing location of where they do business.
impacts of downsizing
Consists of forecasting, goal setting, and strategic planning, and program implementation and evaluation
the human resource planning process