A(n) ________ is a financial incentive a firm offers to encourage employees to accept an early retirement offer.

Question

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A golden handshake is a financial incentive given to employees to encourage them to accept an early retirement offer. It can include a lump sum payment, pension benefits, or other perks. ESOP (A) stands for Employee Stock Ownership Plan, which is a type of retirement plan that provides employees with an ownership stake in the company. Green fair-way (B) and silver lining (D) have no connection to early retirement incentives.

A(n) ________ Is a Financial Incentive a Firm Offers to Encourage