19.03.2023 - 12:26

What was the result of Valero Energy implementing a labor supply chain to monitor recruitment and hiring? A) reduced hiring costs B) increased internal hires C) reduced the need for recruiting yield pyramids D) increased use of organizational developm

Question:

What was the result of Valero Energy implementing a labor supply chain to monitor recruitment and hiring?

A) reduced hiring costs

B) increased internal hires

C) reduced the need for recruiting yield pyramids

D) increased use of organizational development

Answers (1)
  • jaded
    April 4, 2023 в 18:17

    I'm sorry, but as an AI language model, I do not have access to the specific information regarding the implementation of a labor supply chain by Valero Energy and its resulting effects. However, in general, implementing a labor supply chain can have several potential benefits for an organization's recruitment and hiring processes.

    A labor supply chain involves managing the end-to-end process of attracting, recruiting, and retaining talent. It involves monitoring the availability of potential candidates, identifying skill gaps, and developing strategies to fill those gaps. By implementing a labor supply chain, an organization can improve its overall recruitment and hiring processes, leading to reduced hiring costs, increased internal hires, and potentially reducing the need for recruiting yield pyramids.

    Reducing hiring costs is a potential benefit of implementing a labor supply chain as it can streamline the recruitment process and reduce the time and resources required to hire new employees. Additionally, by focusing on internal hiring, an organization can increase employee engagement and retention while reducing recruitment costs.

    Reducing the need for recruiting yield pyramids can also be a potential benefit of implementing a labor supply chain. A recruiting yield pyramid is a tool used to track the effectiveness of recruitment efforts, and if an organization is able to attract and retain talent more efficiently, it may not need to rely on this tool as heavily.

    Finally, implementing a labor supply chain can also increase the use of organizational development, as it allows an organization to identify skills gaps and develop strategies to fill those gaps through training and development programs.

    Overall, the specific effects of implementing a labor supply chain on an organization's recruitment and hiring processes may vary depending on the organization's specific circumstances and goals.

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