1. Google, Bain and Company, and Nestlé Purina PetCare ranked one, two, and thre
ID: 365074 • Letter: 1
Question
1. Google, Bain and Company, and Nestlé Purina PetCare ranked one, two, and three, respectively, on Glassdoor’s 2015 Employees’ Choice Awards list as the best large companies to work for. A firm that seeks to be recognized as a great place to work is building its______ . A. Employer brand B. Social contract C. Matching Model D.Contingent Workforce
The social contract between employer and employee has changed dramatically in recent years due to environmental changes such as globalization, outsourcing, increased competition, technology, and the differing values of different generations of workers.
For each example below, indicate whether it is typical of the old social contract or the new social contract.
Example
4. Evan counts on his employer to tell him what he needs to know and what to do.
A. Old Social Contract
B. New Social Contract
You have just been hired as the VP of human resources for a company with three divisions that have been struggling with their HR management. They have been using traditional approaches of using online job boards, employee referrals, and college job fairs to hire full-time employees. One of your first tasks is to help each division select an innovative approach to HRM that fits its needs.
5.The construction division has a highly seasonal workload, with fewer projects in the winter than in the summer. Also, different expertise is needed for different kinds of buildings. What would be the most appropriate HRM approach?
A. Acquire another construction company to add its employees’ capabilities to your current workforce.
B. Invest heavily in various benefits, such as paid time off and retirement plan contributions, in order to attract the best people.
C. Hire temporary employees to work on specific projects.
Example
2.AlphaBeta Company offers employees opportunities to move laterally, learning different skills in different areas, rather than climb a vertical career ladder. A. Old Social Contract B. New Social Contract 3. When Roberto interviews for a job, he emphasizes how he can partner with the company to help it adapt to meet challenges. A. Old Social Contract B. New Social Contract4. Evan counts on his employer to tell him what he needs to know and what to do.
A. Old Social Contract
B. New Social Contract
Explanation / Answer
1. Employer brand
Reason: A companys brand refers to an employers reputation. It is the value proposition which the employer gives to their employees. Hence best Company to work for is a concept of employer brand
2. New social contract
Reason: Traditionally moving upwards was only considered to be a promotion. In this modern era moving sideways which is lateral is also considered as career growth
3. New social contract
Reason: Innovation and business partnering are quiet new terms in an organisation which was traditionally not there in place.
4. Old social contract
Reason: Only in traditional work environment the employee waits for the order of his employer.
5. Hire temporary employees to work on specific projects.
Reason:
Since to work is seasonal there is no need to invest hugely or acquire another company.
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