Question

Darius works for a technology company that has recently had to outsource some jobs because of a competitive market and less than ideal economy. Consequently, leaders at the company are considering laying off employees, but also want them to continue to stay connected to the company. Identify the strategy that best illustrates that company leaders are committed to the new social contract.

Answer 1

The company could adopt a strategy embracing the social contract by offering retraining programs or creating a telecommuting environment, demonstrating investment in employee future employability while balancing the company's economic needs.

Step-by-step explanation:

Darius's technology company is contending with a competitive market and an underwhelming economy, hence outsourcing some jobs. The leadership is considering layoffs but desires to keep a connection with its employees. In support of the modern social contract, the strategy that portrays a company's commitment could involve offering retraining and skill development programs, fostering a telecommuting environment, or perhaps creating a workforce that is fluid and can be re-engaged as contractors or on a project basis. These actions show that while the company must make difficult decisions for economic survival, it values its employees and is invested in their future employability, aligning closely with the concepts of social responsibility and transformational leadership.