facing a labor surplus problem with approximately 3 more employees than it needs.
Which of the following is the best strategy to deal with this labor surplus?
A. The company must use an early retirement strategy because it helps old employees
retire sooner, thereby solving the labor surplus issue.
B. The company must focus on natural attrition whereby employees leave the company
on their own, as this will reduce the burden of firing surplus employees.
C. The company must freeze their hiring practices, which will result in balancing the
number of employees and the demand for work over a period of time.
D. The company must implement pay reductions as this will help the company get rid
of less motivated employees.
E. The company must implement work sharing, which will take up the time of extra
workers and help complete projects faster.
Which of the following actions help organizations reduce the cost of health care
benefits offered to employees?
A. Increasing the amount employers pay for deductibles and coinsurance
B. Selecting traditional health insurance over HMOs and PPOs as a preferred option
C. Expanding the coverage for different types of claims
D. Paying some or all of the difference in cost between an HMO or PPO plan
E. Shifting from traditional health insurance plans to PPOs and CDHPs