Which of the following changes in employment relations is most likely to occur in a period of economic growth?
(A) Decreased funding of family-friendly programs
(B) Decreased financial rewards offered to employees
(C) Increased number of training programs to overcome skill deficits
(D) Increased number of employees offered redundancy packages - HSC - SSCE Business Studies - Question 13 - 2005 - Paper 1
Question 13
Which of the following changes in employment relations is most likely to occur in a period of economic growth?
(A) Decreased funding of family-friendly programs
(B)... show full transcript
Worked Solution & Example Answer:Which of the following changes in employment relations is most likely to occur in a period of economic growth?
(A) Decreased funding of family-friendly programs
(B) Decreased financial rewards offered to employees
(C) Increased number of training programs to overcome skill deficits
(D) Increased number of employees offered redundancy packages - HSC - SSCE Business Studies - Question 13 - 2005 - Paper 1
Step 1
Increased number of training programs to overcome skill deficits
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Answer
During periods of economic growth, employers are likely to invest in their workforce to enhance productivity and meet increasing demand. This often involves increasing the number of training programs aimed at addressing skill deficits within the workforce.
Training programs can help improve employee performance, adapt to new technologies, and develop skills that are crucial for the organization's growth. This is particularly important when companies expand and require a more skilled workforce to handle increased operational demands.