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Assignment:
1. Define and discuss the 9 option for reducing surplus.
•Downsizing
•pay reduction
•demotion
•transfers
•work sharing
•hiring freeze
•natural attrition
•early retirement
•retraining
2. Define and discuss the 7 option for avoiding a shortage.
•Overtime
•temporary employees
•outsourcing
•retrained transfers
• turnover reduction
• new external hires
•technological innovations
3. Define and discuss the 4 personnel policies .
• Internal versus external recruiting
• lead the market pay strategies
• employment at will policies
• Image advertising
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