Outplacement Involves

question 43

Multiple Choice

Outplacement involves

• A)recruiting from external sources.
• B)hiring from external applicants.
• C)attracting applicants from other countries.
• D)transferring of employees to other branches.
• E)helping laid off workers find other employment.

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Definitions:

Productivity

The efficiency with which an individual, organization, or economy can convert inputs into useful outputs.

Henry L. Gantt

An American mechanical engineer and management consultant famed for developing the Gantt chart, a graphical scheduling tool for project management.

Differential Piece-rate Plan

A compensation system where workers are paid based on the quantity of items produced, with rates varying according to achieved efficiency thresholds.

Minimum Wage

The lowest legal hourly pay for workers, set by government regulation.