In providing assistance to employees being downsized, many organizations offer some form of ________.
A) severance pay
B) piece-rate pay
C) overtime pay
D) merit pay

Question

Quizplus · Accepted Answer

Severance pay is a common form of assistance offered to employees who are downsized. It is usually based on years of service and provides a financial cushion to help employees during their period of unemployment or while they seek employment elsewhere. Piece-rate pay, overtime pay, and merit pay are all forms of compensation that are unrelated to downsizing assistance.

In Providing Assistance to Employees Being Downsized, Many Organizations Offer