In Times When There Is a Work Shortage, What Alternatives

question 52

Essay

In times when there is a work shortage, what alternatives to layoff are available for employers to consider? In your answer, indicate why an employer might consider alternatives to layoff and identify and describe three alternatives.

---

Definitions:

General Fund

The primary operating fund of a governmental entity, covering most basic services like police, fire, sanitation, and general administration.

Capital Projects Fund

Capital Projects Fund is a type of government accounting fund used to track the financial resources used for the acquisition and construction of major capital assets.

Agency Fund

A fund used by a government to account for resources held in a trustee capacity for individuals, private organizations, or other government units.

Governmental Entities

Organizations that operate on the government's behalf, including departments, agencies, and authorities, responsible for implementing policy and managing public sector resources.