INSTRUCTION .Give the meaning or definition of the following term. 1.DOWN SIZING 2.PAY REDUCTION 3.DEMOTION 4.TRANSFER WORK SHARING 5.HIRING FREEZE 6.NATURAL ATTRITION 7.EARLY RETIREMENT 8.RETRAINING 9 OVERTIME 10 TEMPORARY EMPLOYEES 11OUTSOURCING 12 TURN OVER REDUCTION 13.NEW EXTERNAL HIRES 14. TECHNOLOGICAL INNOVATION

INSTRUCTION .Give the meaning or definition of the following term. 1.DOWN SIZING 2.PAY REDUCTION 3.DEMOTION 4.TRANSFER WORK SHARING 5.HIRING FREEZE 6.NATURAL ATTRITION 7.EARLY RETIREMENT 8.RETRAINING 9 OVERTIME 10 TEMPORARY EMPLOYEES 11OUTSOURCING 12 TURN OVER REDUCTION 13.NEW EXTERNAL HIRES 14. TECHNOLOGICAL INNOVATION

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter12: The American Labor Force

Section12.1: Amercians At Work

Problem 1R

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Question

INSTRUCTION .Give the meaning or definition of the following term.

1.DOWN SIZING

2.PAY REDUCTION

3.DEMOTION

4.TRANSFER WORK SHARING

5.HIRING FREEZE

6.NATURAL ATTRITION

7.EARLY RETIREMENT

8.RETRAINING

9 OVERTIME

10 TEMPORARY EMPLOYEES

11OUTSOURCING

12 TURN OVER REDUCTION

13.NEW EXTERNAL HIRES

14. TECHNOLOGICAL INNOVATION

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