Some Companies Are Managing the Labour Shortage Created by Retiring

question 10

Multiple Choice

Some companies are managing the labour shortage created by retiring employees by which of the following?

• A) Offering "retirees on call" programs
• B) Offering bonuses to employees about to retire to stay on past normal retirement age
• C) Contracting out work performed by retiring employees
• D) Hiring younger workers who are able to work harder and longer hours than the older employees they are replacing
• E) Making greater use of information technology to automate functions performed by retiring employees

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Definitions:

Growth Need

The requirement for personal development, learning new skills, and career advancement.

Self-Actualization

The achievement or satisfaction of one's abilities and capabilities, seen as an innate motivation or necessity in all individuals.

Autonomous Motivation

Refers to engaging in activities for their inherent satisfaction or personal reward, rather than external pressures or demands.

Basic Psychological Needs

Fundamental requirements for mental well-being, including autonomy, competence, and relatedness.