Which of the following best describes a phased-retirement program?
A) It refers to laying off older employees in small batches.
B) It refers to giving lucrative incentives to a large number of older employees to voluntarily retire.
C) It refers to reducing the number of hours older employees work, as well as the cost of these employees.
D) It refers to giving older employees a certain time limit to voluntarily retire.
E) It refers to offering alternative work locations and work responsibilities to older employees.

Question

Quizplus · Accepted Answer

In a phased-retirement program, an organization can continue to enjoy the experience of older workers while reducing the number of hours that these employees work, as well as the cost of those employees.

Which of the Following Best Describes a Phased-Retirement Program