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Suppose you are the human resource director of a certain organization, and the company president has asked you look at ways to cut costs in the area of benefits. You are however to avoid sacrificing the quality of benefits that your organization currently offers. You know that cutting costs will require some compromises, but you are determined that you will not subtract anything from the present benefits package without also adding something. You are determined that employees will not feel cheated. How would you approach the task that your superior assigned to you? Where will you make cuts?

Suppose you are the human resource director of a certain organization, and the company president has asked you look at ways to cut costs in the area of benefits. You are however to avoid sacrificing the quality of benefits that your organization currently offers. You know that cutting costs will require some compromises, but you are determined that you will not subtract anything from the present benefits package without also adding something. You are determined that employees will not feel cheated. How would you approach the task that your superior assigned to you? Where will you make cuts?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 37P
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Suppose you are the human resource director of a certain organization, and the company president has asked you look at ways to cut costs in the area of benefits. You are however to avoid sacrificing the quality of benefits that your organization currently offers. You know that cutting costs will require some compromises, but you are determined that you will not subtract anything from the present benefits package without also adding something. You are determined that employees will not feel cheated. How would you approach the task that your superior assigned to you? Where will you make cuts?
Transcribed Image Text:Suppose you are the human resource director of a certain organization, and the company president has asked you look at ways to cut costs in the area of benefits. You are however to avoid sacrificing the quality of benefits that your organization currently offers. You know that cutting costs will require some compromises, but you are determined that you will not subtract anything from the present benefits package without also adding something. You are determined that employees will not feel cheated. How would you approach the task that your superior assigned to you? Where will you make cuts?
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