Offering ______can be a useful way for a firm to downsize without causing a serious decline in the morale of the remaining employees.

Question

Quizplus · Accepted Answer

Offering early retirement allows employees who are already considering retirement to do so earlier than planned. This can help the company downsize without having to resort to layoffs or terminations, which can damage morale among remaining employees. Additionally, offering early retirement packages can often be much cheaper for the company than paying out severance packages or unemployment benefits. Job sharing and flextime are more likely to be used as options for retaining employees rather than downsizing, while affirmative action is a government-mandated policy to promote diversity and equal opportunities in the workplace.

Offering ______Can Be a Useful Way for a Firm to Downsize