Martin,the HR Vice President at Ace Trucking,evaluates Responses from an Employee

question 19

Multiple Choice

Martin,the HR vice president at Ace Trucking,evaluates responses from an employee survey and questions at the company's annual benefits presentation.He concludes that many employees are confused about their options for health insurance and often unhappy with the policy they choose.What should Martin do about this situation?

• A) accept that it is difficult for employees to understand the value of insurance
• B) save money by reducing printed messages about health insurance
• C) downplay the role of health insurance in the benefits package,relative to other benefits
• D) discontinue health insurance,since it is a source of dissatisfaction
• E) introduce software that will guide employees to the insurance option for their needs

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Definitions:

Technical Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country, particularly those skills relevant to technical or engineering tasks.

Firm-specific Human Capital

Firm-specific Human Capital refers to the unique knowledge, skills, and experiences that employees acquire through working in a particular firm, making them more valuable to that firm but not necessarily to others.

Technical Human Capital

The specialized knowledge, expertise, and skills related to technology and engineering possessed by individuals, contributing to an organization's competitive advantage.

HR Planning

The process of forecasting an organization's human resource needs and strategizing how to meet these needs, aligning them with the company's goals.