Skills surplus occurs when the internal workforce supply exceeds the organization’s requirement or demand for personnel.
More from this Section
- Pre-employment testing
Pre-employment testing is the practice of issuing tests to potential employees on a pre-employment basis in order to determine an applicant’s suitability for a certain position
- Work sampling
Work sampling is the measurement of how employees spend their time and the number of work units being produced by employees over a specific period of time.
- Mobility Premiums
Mobility premiums are typically lump-sum payments to reward employees for moving from one assignment to another.
- Cost Benefit Analysis
Cost benefit analysis examines the relationship between the costs of a program and its benefits. Costs included in these calculations are classified in several ways. Direct costs...
- Wage and salary administration
Wage and salary administration refers to procedures used for planning and administering organization-wide compensation programs for all levels of employees.
- Succession Management
Succession management refers to the process of ensuring that pools of skilled employees are trained and available to meet the strategic objectives of the organization.
Repatriate is the process of returning to the United States after being placed on a long-term international assignment.