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Essay

The Pros And Cons Of A Contingent Workforce

Essay specific features

 

Issue:

Business

 

Written by:

Jeffrey Q

 

Date added:

May 20, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 367

 

Was viewed:

2589 times

 

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Essay content:

By using the contingent strategy knowledge and information are accessed without the expense of training current employees. • Increased competition requires that employers have flexibility in adjusting employment levels and employment costs to demand for its product or services and in relationship to its level of operations...
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With the use of a contingent workforce the organization then gains this needed flexibility. • A savings in cost is often resulted in the outsourcing of the organization’s work to organizations located in foreign countries in which the wage rates are low. The drawbacks to employing a contingent workforce are: • The lack of loyalty to the organization...
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