Benefits of moving some workers to a contract basis

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Reference no: EM132822636

Many companies are considering the issues addressed in this case after many employees have been forced to work remotely.

Jennifer, the owner and manager of a company with ten employees, has hired you to take over the HRM function so shecan focus on other areas of her business. During your first two weeks, you find out that the company has been greatly affected by the up economy and is expected to experience overall revenue growth by 10 percent over the next three years, with some quarters seeing growth as high as 30 percent. However, five of the ten workers are expected to retire within three years. These workers have been with the organization since the beginning and provide a unique historical perspective of the company. The other five workers are of diverse ages.

In addition to these changes, Jennifer believes they may be able to save costs by allowing employees to telecommute one to two days per week. She has some concerns about productivity if she allows employees to work from home. Despite these concerns, Jennifer has even considered closing down the physical office and making her company a virtual organization, but she wonders how such a major change will affect the ability to communicate and worker motivation.

Jennifer shares with you her thoughts about the costs of health care on the organization. She has considered cutting benefits entirely and having her employees work for her on a contract basis, instead of being full-time employees. She isn't sure if this would be a good choice.

Jennifer schedules a meeting with you to discuss some of her thoughts. To prepare for the meeting, you perform research so you can impress your new boss with recommendations on the challenges presented.

QUESTIONS:

-Point out which changes are occurring in the business that affect HRM.

-Do you think many companies are facing the prospect of many Baby Boomers with years of experience in the company retiring within the next few years? Explain and how would you handle this problem?

-What are some considerations the company and HR should be aware of when making changes related to this case study?

-What are some of the benefits of moving some workers to a contract basis?

-What are some pros and cons of telecommuting? Would you make telecommuting mandatory for employees? Assume No Covid problem.

-What would your role be in implementing these changes? What would Jennifer's role be?

Reference no: EM132822636

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