Which strategy may achieve effective employment relations for both employers and employees? (A) Outsourcing product manufacture (B) Determining levels of staff turnover (C) Offering share options to employees (D) Estimating the cost of retrenchment packages - HSC - SSCE Business Studies - Question 13 - 2009 - Paper 1

Offering share options to employees can significantly enhance employment relations as it aligns the interests of both employers and employees. This strategy enables employees to have a stake in the company’s success, fostering a sense of belonging and motivation. When employees feel that they have an ownership interest in the company, they are more likely to be engaged, work collaboratively, and contribute positively to the organization’s goals.

Furthermore, share options can lead to better retention rates as employees see the potential for financial gain linked to their performance and the overall success of the company. It also creates a culture of transparency and trust, which is essential for effective employment relations.