Knowee
Questions
Features
Study Tools

In a tight labour market, it is most likely that a business finds:YOUR ANSWERYour Answerthat recruiting staff can be a costly exercise and take time.that staff stay put because they cannot find another job.that staff can only be found overseas.it impossible to recruit staff.

Question

In a tight labour market, it is most likely that a business finds:YOUR ANSWERYour Answerthat recruiting staff can be a costly exercise and take time.that staff stay put because they cannot find another job.that staff can only be found overseas.it impossible to recruit staff.

🧐 Not the exact question you are looking for?Go ask a question

Solution

In a tight labor market, it is most likely that a business finds that recruiting staff can be a costly exercise and take time. This is because a tight labor market is characterized by low unemployment rates, meaning there are fewer job seekers available. As a result, businesses may have to invest more resources into attracting and retaining qualified employees, which can include higher salaries, better benefits, and more extensive training programs. This process can be both costly and time-consuming.

This problem has been solved

Similar Questions

Analyse one reason why the recruitment of appropriate employees is important to a business

'Forced recruitment' means a process by which

Which of these is an advantage of external sources of recruitment? Reduced training and orientation needs. Bringing in fresh perspectives and new ideas. Shorter recruitment process. Decreased costs associated with hiring.

Lou, an HR manager, knows there is trouble in the staffing function for which of these reasons?Question 20Select one:a.There are a large number of minority applicants.b.Most applicants are successful on the job.c.Retention of new employees is well above the industry average.d.There are a large number of qualified applicants.e.There are a large number of unqualified applicants.

5 short statements on the recruitment and selection practices

1/1

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.