Sample Essay on:
Implementing a Plan to Cope with a Forthcoming Labor Shortage

Here is the synopsis of our sample research paper on Implementing a Plan to Cope with a Forthcoming Labor Shortage. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

This 9 page paper considers a scenario where a company knows of an upcoming labor shortage and is facing increased demand. The paper, written in two parts, looks at the way training may be used to reduce the skills gap and help to increase loyalty of the employees. The second part of the paper looks at how a benefits package may be developed to give maximum recruitment and retention advantage to the employer as well as helping to increase productivity helping with motivation. The bibliography cites 4 sources.

Page Count:

9 pages (~225 words per page)

File: TS14_TElabshort.rtf

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Unformatted sample text from the term paper:

be the source of a competitive advantage and are the lifeblood of any company. Where there are known changes occurring in the labour market this gives the company a chance to change and adapt in order to meet the challenges of the new market. If there is a scenario where the labour supply is likely to fall, this may increase costs in response to the supply and demand function of any resource. If the company is facing an increasing demand for its product and the need to provide more is to be met without changes there could be some difficulty unless changes are made. In looking at this form a technological perceptive is it possible that some operations may be automated, as such reducing the need for labour whit increasing productivity, but in this case we will assume that the process cannot benefit from this would the requirement of at least similar number staff. The labour shortage may reduce the number of suitably qualified staff, as such training may be undertaken to fill more of the vacancies internally, also if there is increased use of technology to increase productivity there will also need to be training in the use of this new technology. Training therefore may be used to serve as a way of producing the correct skills, but also to help increase productivity to meet the increased demand. This can be introduced gradually so that within the five years there will be a change in operations and in the culture. When we look at the benefits to organisations then we must be looking in terms of added value, this may be economic value directly or indirectly, or it may be enrichment of the organisation in terms of other concerns ...

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