Companies use early retirement incentive programs (ERIPs) to:
A) increase the number of experienced employees.
B) create job opportunities for people inside the organization.
C) add new job positions after employees retire.
D) replace high-paid, less-experienced employees with lower-paid, more experienced employees.

Question

Quizplus · Accepted Answer

ERIPs are used to encourage older, often higher-paid employees to retire early, creating job opportunities for other employees within the organization.

Companies Use Early Retirement Incentive Programs (ERIPs) To