GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Buyouts and Retirement: Providing contract-based buyouts and early retirements to the existing employees can be a great tactic to deal with the problem of surplus labour. Pay cuts: Pay cuts mean deducting the pay given to the employees.
Detailed explanation-2: -A surplus employee may, while awaiting redeployment, be given by his Head of Department / Organization or other superior authority, alternative duties or charge of work, which though not necessarily relating to his earlier area of work he can be expected to perform conveniently keeping in view his position.
Detailed explanation-3: -Physical exchange of resources without leakage. Post-transaction documentation. Retaining value within systems with rentals. Operationalizing reuse through reward mechanisms and change management. Adaptive to individual needs while building community.