The following is part of a business plan being discussed at a board meeting of the Perks Company.
It is no longer cost-effective for the Perks Company to continue offering its employees a generous package of benefits and incentives year after year. In periods when national unemployment rates are low, Perks may need to offer such a package in order to attract and keep good employees, but since national unemployment rates are now high, Perks does not need to offer the same benefits and incentives. The money thus saved could be better used to replace the existing plant machinery with more technologically sophisticated equipment, or even to build an additional plant.
Discuss how well reasoned... etc.
The author of Perks Companys business plan recommends that funds currently spent on the employee benefits package be redirected to either upgrade plant machinery or build an additional plant. The author reasons that offering employees a generous package of benefits and incentives year after year is no longer cost-effective given current high unemployment rates, and that Perks can attract and keep good employees without such benefits and incentives. While this argument has some merit, its line of reasoning requires close examination.
To begin with, the author relies on the reasoning that it is unnecessary to pay relatively high wages during periods of high unemployment because the market will supply many good employees at lower rates of pay. While this reasoning may be sound in a general sense, the particular industry that Perks is involved in may not be representative of unemployment levels generally. It is possible that relatively few unemployed people have the type of qualifications that match job openings at Perks, if this is the case, the claim that it is easier now to attract good employees at lower wages is ill-founded.
Secondly, the argument relies on the assumption that the cost-effectiveness of a wage policy is determined solely by whatever wages a market can currently bear. This assumption overlooks the peripheral costs of reducing or eliminating benefits. For example, employee morale is likely to decline if Perks eliminates benefits; as a result, some employees could become less productive, and others might quit. Even if Perks can readily replace those employees, training costs and lower productivity associated with high turnover may outweigh any advantages of redirecting funds to plant construction. Moreover, because the recommended reduction in benefits is intended to fund the retrofitting of an entire plant or the building of a new one, the reduction would presumably be a sizable one; consequently, the turnover costs associated with the reduction might be very high indeed.
In conclusion, this argument is not convincing, since it unfairly assumes that a broad employment statistic applies to one specific industry, and since it ignores the disadvantages of implementing the plan. Accordingly, I would suspend judgment about the recommendation until the author shows that unemployment in Parks industry is high and until the author produces a thorough cost-benefit analysis of the proposed plan.
GRE多义词辨析:P(2)
GRE词汇分类记忆
GRE词汇背诵方法介绍:谐音法
从考察内容入手 熟练精确掌握GRE词汇
GRE新增词汇70例:ABC
三大方法高效记忆GRE词汇
GRE词根ed词汇整理
GRE词汇动词同义词汇介绍(8)
新版GRE红宝书缺失词汇(三)
新版GRE红宝书缺失词汇(四)
GRE填空对比词汇:多VS少 合并VS分裂
GRE词汇:词根don整理
GRE考试词汇不同的考法归纳总结
GRE词根词汇:ev
GRE词根词汇汇总:anti部分
如何30天把握GRE词汇?
新版GRE红宝书缺失词汇(5)
GRE备考:如何扫清GRE考试中词汇问题
GRE词汇:多义词辨析L(1)
GRE词汇:GRE多义词辨析I(1)
GRE词汇学习三重境界 你是第几重?
疑问解答:GRE要求词汇量是多少?
GRE填空对比词汇:安全对危险
GRE词汇背诵三重境界 你修炼到了第几重?
GRE词汇背诵方法介绍:拆分法
新GRE考试新增词汇归纳总结
GRE词汇背诵10种妙法
GRE多义词辨析:UVWXYZ
9000GRE词汇10天可背完秘籍
GRE词汇速记五条捷径
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |