In bumping and layoff procedures,which of the following factors is most significant in determining which employees will remain employed with a firm?

Question

Quizplus · Accepted Answer

Seniority is the most significant factor in bumping and layoff procedures. This means that the employees who have been with the company for the longest time will be given preference over newer employees for staying employed with the firm. This is because senior employees have more experience and knowledge of the company's operations and are considered to be more valuable assets to the company.

In Bumping and Layoff Procedures,which of the Following Factors Is