A manufacturing company, hit by a slump in demand, is experiencing a labor surplus. The company expects the market to improve in six months, and it does not want to lay off any of its employees. Which strategy is an equitable way to handle this issue and spread the burden more fairly

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Business

Solomon Mccullough

28 February, 23:28

A manufacturing company, hit by a slump in demand, is experiencing a labor surplus. The company expects the market to improve in six months, and it does not want to lay off any of its employees. Which strategy is an equitable way to handle this issue and spread the burden more fairly

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Rihanna Schmitt · Answer 1

Full question:

A manufacturing company hit by a slump in demand is experiencing a labor surplus. The company expects the market to improve in six months and it does not want to layoff any of its employees. Which of the following strategies is an equitable way to handle this issue that results in spreading the burden more fairly?

a. Reduced work hours

b. Overtime

c. Outsourcing

d. Demotions

e. Employing temporary workers

Answer:

Reduced work hours strategies is an equitable way to handle this issue that results in spreading the burden more fairly

Explanation:

A dilemma to downsizing which is viewed as a method to expand the load more equitably is evading work hours, usually with a similar decline in pay. This is an extra impartial way to weather a drop in command. Reducing working time was, consequently, a preference for the labor movement for decades.

Reducing working hours will earn about a definite variation in practically every field of our lives, moving from workers' safety, environmental difficulties, stress, imbalance. Reducing solely the volume of working hours might have some advantageous impacts where work-life difficulties are experienced, but it will not answer the problem entirely.