SOCSCI 2HR3 Lecture Notes - Lecture 4: Severance Package, Job Sharing, Layoff
Document Summary
News and impacts on plans: ontario commits . 1b in additional funding to repair and upgrade aging schools, ontario government, businesses & educators plan to institute mandatory work experience for all high school and post-secondary students. Some hr demand (hiring need) causes so when you have a job description, then you have to decide how many you will be hiring. The supply of your employees equals the demand. When a company merges, employees can expect to lose their job. Planning and implementing hr programs to balance supply and demand when you have too many people working for you, then you have to terminate. If you don"t have enough staff, than employees might have to do overtime. If your short on staff then you recruit more staff: s > d too many employees if your supply exceeds your demands, than you have a labour surplus. Laying off employees is the last thing you want to do.
