________ is legally required in specific situations,such as mass layoffs.
A) Outsourcing
B) Severance pay
C) Retention pay
D) Bonus pay
E) Succession planning

Question

Quizplus · Accepted Answer

Severance pay is legally required in specific situations, such as mass layoffs. Severance pay is a payment made by an employer to an employee who has been laid off or terminated from their job. It is given as a form of compensation for the employee's loss of employment and is often calculated based on length of service with the company.

________ Is Legally Required in Specific Situations,such as Mass Layoffs