Omar Morales, an older employee, is considering an early retirement package that his employer has offered; it includes improved benefits and cash bonuses. What do we call this type of inducement?

Question

Quizplus · Accepted Answer

A silver handshake is an inducement or incentive for an older employee to take early retirement, typically including financial benefits beyond standard retirement packages.

Omar Morales, an Older Employee, Is Considering an Early Retirement