Succession Planning: Talent Imbalances and Solutions
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Questions and Answers

What is the primary goal of succession planning?

  • To implement hiring freezes
  • To outsource to a third party
  • To increase employee turnover
  • To ensure high-quality talent is available for business strategies (correct)

    • Which of the following is a strategy to manage a talent surplus?

  • Use a retention bonus to reduce turnover
  • Outsource to a third party (correct)
  • Implement alternative work arrangements
  • Increase employee work hours through overtime

    • What legal consideration should be taken into account during workforce reductions?

  • Outsourcing to temporary workers
  • Older Workers Benefit Protection Act (OWBPA) (correct)
  • Consolidated Omnibus Budget Reconciliation Act (COBRA)
  • Age Discrimination in Employment Act

    • Which of the following laws protects against age discrimination in employment?

    <p>Age Discrimination in Employment Act</p> Signup and view all the answers

    Which of the following approaches involves broadening the scope of a job by expanding the number of different tasks that are performed?

    <p>Job enlargement</p> Signup and view all the answers

    Who is responsible for completing the job analysis according to the text?

    <p>HR Operations</p> Signup and view all the answers

    What is the main purpose of job redesign as mentioned in the text?

    <p>To improve existing jobs in various ways</p> Signup and view all the answers

    Which field poses a challenge in terms of filling positions due to retiring workers, as discussed in the text?

    <p>Truck driving</p> Signup and view all the answers

    What is the primary purpose of Human Resource (HR) Management?

    <p>Achieving organizational objectives and goals through managing human talent</p> Signup and view all the answers

    Which of the following is NOT a core HR function mentioned in the text?

    <p>Taxation and accounting</p> Signup and view all the answers

    How does technology impact Human Resource (HR) functions according to the text?

    <p>Overreliance on technology can hinder learning and critical thinking in HR</p> Signup and view all the answers

    What is the concept of human capital in the context of an organization?

    <p>The collective value of employees' knowledge, skills, and experiences</p> Signup and view all the answers

    What does efficiency refer to in the context of human capital management?

    <p>The degree to which operations are carried out in an economical manner</p> Signup and view all the answers

    In the context of staffing, what does the 'gig economy' refer to?

    <p>A term used for temporary or freelance workers performing work</p> Signup and view all the answers

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