Exam 12: Managing Workforce Flow

Having terminated employees sign a severance agreement that includes a release stating that the departing employee gives up some or all rights to sue reduces the risk of future litigation.

As an invaluable employee to her company,Emma has been given the freedom to choose her work hours.She can also opt to work from home for a maximum of 7 days in a month.Which of the following retention strategies is being used in this example?

When coworkers show a new employee how to do their job,formal socialization is taking place.

Workforce redeployment applies the ________ principles used to optimize inventory management,planning,and production to optimize the utilization of a firm's employees.

Who usually has overall responsibility for conducting socialization programs?

Processing a new employee's employment-related paperwork,acquiring necessary keys and identification cards,and establishing an e-mail account for them is part of ________.

Exit interviews are done to inform employees why they are being let go.

Which of the following is true of voluntary turnover?

Interacting with recruiters and future coworkers during the hiring process is the ________ phase of the socialization process.

When a valued employee quits because his spouse takes a new job in another state,this is unavoidable turnover.

When IBM extensively trains employees in processes and procedures that are unique to the company,it is creating ________.

In which of the following cases is asking employees to take a leave without pay a good idea?

Stock options that vest in the future create a mobility barrier for the employee receiving them.

BioMd is a manufacturer of high-end medical diagnostic equipments.The company's revenues and profit margins have come under pressure during the last two years because of decline in product demand.Daisy Howell,the CEO of the company,calls for a senior management meeting to finalize the strategies to be adopted to tackle the dip in profit margins.In the meeting,most managers argue in favor of using downsizing as a means to reducing costs and improving margins.However,Daisy strongly argued for the use of layoffs instead of downsizing.Which of the following,if true,would most strengthen Daisy's argument?

List and describe the six types of turnover.

Working from 6 a.m.to 2 p.m.is an example of ________.

Having options in a downsizing such as buyouts and early retirements reduces the negative impact on morale and reputation.

A socialization program that requires new hires to "pass" different stages of socialization or be removed from the organization is a ________.

Assume you are a high-ranking manager in a firm who has to discharge a middle-ranking employee.Plan how you would go about this task.Who are the other members of the organization whom you would involve?

Socialization programs putting newcomers through a common set of experiences as a group rather than individually are called ________.