Course Project Essay Example | Topics and Well Written Essays - 2500 words - 1

Course retch - Essay ExampleWhen demand and supply situation in a country is unfavorable to the employers, they would opt to compromise and give training to the available personnel rather than spend time and resources in await of ideal match, to avoid production loss. Gronau stated Since the length of service is directly related to the take aim of unemployment, one would expect wage demands (and hence the change in general wage rate) and unemployment to be inversely related (290). If the pace of economic growth is robust, the increase in demand mitigates the effects of frictional unemployment in general. Development of transferable skills by a person could ensure transfers within the same company to opposite departments or make change of job easier and counseling facilities need to be strengthened. Uniformity in spreading of information with regard to the jobs available, the attributes necessary and the experience required in relation to them is very important for prim unders tanding in identifying the appropriate opportunities without any difficulty. Though the standardization could not be achieved completely in this respect in view of multiplicity of disciplines, grades and specialization, common parameters relating to jobs in a particular category satisfactory to about of the employers or industry associations and understandable by majority of the workers would improve the situation considerably. In most of the cases relocation choices are not fully explored both by the employers or employees to the disadvantage of both. Moving price to the employee and recruitment and training cost to the employer play an important role in making strategic caution decisions. If the views of the employer and employee converge in this respect, solution could be reached easily. Diamond stated that the rate at which workers are offered jobs with diametrical moving costs depends on the decisions of other workers as to which