BU354 Lecture 18: Bu354 l18

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27 Oct 2020
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Trains personnel is almost every profession imaginable. Temporary-help agencies: agencies that provide supplemental workers for temporary vacancies caused by employee leave, sickness, etc. Do not provide recruits but rather respond to an employer"s need for help by providing supplemental workers. Better alternative than recruiting new workers for short periods of employment (no need to lay off workers after) Departing employees might stay if they can rearrange their schedules or change the numbers of hours they work. Buy-back: a method of convincing an employee who is about to resign to stay in the employ of the organization, typically by offering an increased wage or salary. Job fairs: trade-show-style fairs with many employers showcasing their companies and jobs to potential recruits. Budget constraints and the emergence of internet recruitment have resulted in a decline in the popularity of job fairs. Contract workers are useful when the work is of limited duration so the firm can avoid fixed salary commitments.

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