Question

Forecasting indicates your company needs to reduce its white-collar workforce in order to avoid a labour surplus in the next three to five years. Consistent with the corporate culture it wants to maintain, your company places a higher priority on minimizing human suffering than on achieving the labour reduction quickly. The options that are most consistent with these priorities are ___________

Answer 1

The options that are most consistent with the company's priorities of minimizing human suffering while reducing the white-collar workforce are voluntary early retirement packages, job retraining and placement program, and temporary reduction in work hours or job sharing program.

Step-by-step explanation:

The options that are most consistent with the company's priorities of minimizing human suffering while reducing the white-collar workforce are:

1. Offering voluntary early retirement packages to employees, which allow them to leave the company with benefits and financial security
2. Implementing a job retraining and placement program that helps affected employees transition to new jobs within the company or in other industries
3. Instituting a temporary reduction in work hours or implementing a job sharing program to distribute the workload among existing employees

These options prioritize the well-being of employees by offering alternative solutions to layoffs and providing support for those who are affected by workforce reduction.