Identify the similarity between the natural attrition and early retirement strategies for reducing a labor surplus.
A) Both strategies yield slow results for an organization.
B) Both strategies cause high suffering to the employees of an organization.
C) Both strategies can be applied for preventing labor shortages.
D) Both strategies are expensive to implement.
E) Both strategies encourage layoffs.

Question

Quizplus · Accepted Answer

Natural attrition and early retirement strategies both yield slow results because they rely on employees leaving voluntarily over time, rather than immediate cuts like layoffs.

Identify the Similarity Between the Natural Attrition and Early Retirement