If you were a human resource manager how would you address the brain drain that occurs as knowledgeable workers retire

1 answer:

5 0

Answer: To address this issue, younger talent should be employed to work at the same role with the worker that will retire, for at least two years before the staff retire. This is why many companies hire graduate trainee, so that their can learn the job very well before been hired.

The manager should not allow any essential position to be handle only by the old staffs. New staff should be given the opportunity too. So that their can get perfect on the job, like the one workers.

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Catastrophe call covenants are the protective covenants found in the trust indenture that would be activated.

<h3>Explain the Catastrophe call.</h3>

If a facility is condemned, it can no longer generate revenues.
Though the question is not clear as to why it was condemned, the best choice is that a catastrophe call provision would be activated.
This requires the issuer to call in the bonds, repaying the bondholders if a disaster occurs.
Of the other choices, sinking fund covenants and defeasance covenants have no bearing. A maintenance covenant requires the issuer to maintain the facility in good repair.
This covenant is not "activated" by condemnation, as is a catastrophe called a covenant.

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Life tenure for federal judges was implemented for an extraordinarily vital purpose.

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