Question
As human resource manager you have been asked to recommend to management between hiring temporary foreign workers, residents or some combination of the two as
As human resource manager you have been asked to recommend to management between hiring temporary foreign workers, residents or some combination of the two as inputs to complete a specific project output. Using an analytical framework covered in our course what would you base your recommendation on? (10 marks) b. Assume that human resource managers care only about two aspects of their jobs, the wages they receive and the length of their paid vacations. Using a carefully labelled diagram, describe the relationship between the wages paid by those firms offering longer paid vacations but lower wages and those offering shorter vacations but higher wages. What labour market outcomes might be observed in this occupational labour market.
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