Given Changes in Financial Circumstances of an Organization,senior Management Requests

question 44

Multiple Choice

Given changes in financial circumstances of an organization,senior management requests recommendations geared towards containing compensation costs.What would NOT be a recommendation that you would bring forward?

• A) Enact a hiring freeze.
• B) Contain benefit costs.
• C) Replace some raises with bonuses.
• D) Replace variable pay with fixed pay.

---

Definitions:

Transitional Matrix

A chart that lists job categories held in one period and shows the proportion of employees in each of those job categories in a future period.

Job Categories

Classifications of employment based on similar duties, responsibilities, and the level of skill or education required.

Outsourcing

Contracting with another organization (vendor, third-party provider, or consultant) to provide services.

Recruitment Sources

Various channels through which potential job candidates can be found, including online job boards, recruitment agencies, and social media platforms.