Company is at break-even point. Rank from best to worse options Selection Planni
ID: 470417 • Letter: C
Question
Company is at break-even point. Rank from best to worse options
Selection Planning for the correct number of employees needed for eGS's work, the types of KSAs needed for accomplishing the work, and the most useful types of employment relationships provides a strong foundation for selecting the "best and the brightest." Effective recruitment of applicants and selection are essential for accessing talented employees with strong intellectual capital, communication skills, and positive work attitudes. Many experts believe that hiring effectively is the best way to avoid employee problems later Option 1 Cost: $0.00 No Selection options Option 2 Cost: $75,000.00 Hire the number of new employees needed to fully replace those that left the previous quarter Option 3 Cost: $25,000.00 Focus on cutting costs by using overtime to cover at least 50 percent of turnover, developing smaller applicant pools, and seeking a talent level with average KSAs Option 4 Cost: $35,000.00 Increase the percentage of contingent employees to enhance flexibility even if organizational commitment decreases Option 5 Cost: $35,000.00 Customize recruitment for each of the three bands of employees with advertising in different media, web outlets, and agencies. For example, recruitment for Band 3 would be focused more locally Option 6 Cost: $35,000.00 To enhance interview validity, customize questions to the job description in a structured interview format Option 7 Cost: $35,000.00 In addition to behavioral and situational questions, ask about applicants' lifestyle and health to get a fuller picture of their fit for eGS option 8 Cost: $60,000.00 In addition to testing knowledge of trends in the three industries to which eGS clients belong, skills for Bands 1, 2, and 3 should be tested with work sampling and assessment center activities. Option 9 Cost: $20,000.00 Since work in a knowledge-based company like eGS couldn't possibly endanger customers or other co-workers it makes sense to minimize background checking to dates of previous employment and immigration status. This will speed the hiring process as well as save moneyExplanation / Answer
Option 3 is thhe best option.
Focus on cost cutting by using over time to cover atleast 50 percent of turnover, developing smaller applicant pools and seeking a talent levels with average KSA's.
The advantages of choosing this option are as follows:
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