The shipping division at one of Fresh Munchables’ facilities has been struggling with both absenteeism and high regrettable turnover. The facilities manager at this location is not sure what to do.
What steps can HR take to address this concern?
A. Ensure that employees aren’t being poached by other companies; many companies will actively steal talented people, and organizations must be aware of it.
B. Ensure that employees in this division can receive promotions; employees won’t stick around unless they have a clear career path.
C. Ensure that wages in the unit are just and fair; the perception of justice plays an important role in absenteeism and turnover.
D. Ensure that wages are at least average or above; wages that are even slightly below average cause absenteeism and turnover.
One of the strategic goals for the restaurant and dining business unit at Fresh Munchables is to improve its human capital by attracting target employees. This unit is becoming increasingly vital to Fresh Munchables’ success, and in order for Fresh Munchables to reach its goals, the restaurant and dining unit must have the right talent.
With this knowledge in mind, what might the compensation team at Fresh Munchables work toward in order to achieve the desired outcomes?
A. Ignore the market, because hiring and compensation goals should not be stipulated by external factors
B. Match the market in total compensation, because it is cost-effective and suitable enough to draw in talent
C. Lag the market in total compensation, because the savings will make up for the lack of needed talent
D. Lead the market in total compensation, because this will help draw in the desired talent
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