ITPEC FE Morning April 2020 Question 76

Source exam: ITPEC FE Morning April 2020Topic: Corporate & Legal

ITPEC FE Morning April 2020 — Question 76 of 80

Work Sharing — an initiative to preserve jobs by reducing hours per employee.

Work sharing is a strategy where an organization shortens work hours per employee and redistributes work assignments instead of laying off staff. For example, rather than firing 10% of the workforce, all employees work 10% fewer hours.

Why not others:
- (a) Describes work-life balance — flexible working styles for harmony between work and personal life.

- (b) Describes a cafeteria plan — employees pick welfare/benefit services from a menu within a set budget.

- (c) Describes a free agent system or job posting system — employees choose their workplace or duty.

Key rule: Work sharing = cut hours across the board to save jobs, not cut people.

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