When companies offer special incentive packages to employees to induce them to retire before normal retirement age, they are using a(n) ______________ program.

Question

Quizplus · Accepted Answer

Early retirement programs are designed to offer benefits to employees to encourage them to retire before their normal or expected retirement age, often as a way for companies to reduce workforce size or cut costs.

When Companies Offer Special Incentive Packages to Employees to Induce