An alternative to layoffs in which some employees agree to take time off in order to reduce the employer's payroll and avoid the need for a layoff is called
A)voluntary reduction in pay with time off.
B)voluntary time off.
C)contingent employment.
D)bumping with time off.
E)a ring of defence.

Question

Quizplus · Accepted Answer

The alternative to layoffs described in the question is commonly referred to as "voluntary time off" or "voluntary unpaid time off." This option allows employees to volunteer to take a leave of absence for a certain period of time without pay, which reduces the employer's payroll without permanently severing employment. This option can be a win-win solution for both the employer and employees who need temporary relief from work, with the added benefit of avoiding layoffs.

An Alternative to Layoffs in Which Some Employees Agree to Take