Additional Case 6.2
Terra Alta employs nearly 15,000 workers worldwide. The firm wants to reduce its workforce through an early retirement program. The firm has hired you to organize and implement the program.

Employees over age 58 are eligible, but managers don't want to lose key older employees. Program eligibility should be limited to a short period of time. Terra Alta managers need a fairly accurate estimate of how many employees will participate in the program.

Terra Alta expects a legal and humane program that avoids litigation issues. Employees should have an accurate picture of their future if they decide to accept early retirement.

-Refer to Additional Case 6.2.Given Terra Alta's desires,which of the following would be the most appropriate HR policy?
A) Creating a formula that accelerates retirement eligibility for low performing workers
B) Implementing outplacement service programs for retiring employees
C) Mandating a leave of absence for all employees near retirement
D) Establishing a 30-day open window for early retirement

Question

Additional Case 6.2 
Terra Alta employs nearly 15,000 workers worldwide. The firm wants to reduce its workforce through an early retirement program. The firm has hired you to organize and implement the program.

Employees over age 58 are eligible, but managers don't want to lose key older employees. Program eligibility should be limited to a short period of time. Terra Alta managers need a fairly accurate estimate of how many employees will participate in the program.

Terra Alta expects a legal and humane program that avoids litigation issues. Employees should have an accurate picture of their future if they decide to accept early retirement.

-Refer to Additional Case 6.2.Given Terra Alta's desires,which of the following would be the most appropriate HR policy?
A) Creating a formula that accelerates retirement eligibility for low performing workers
B) Implementing outplacement service programs for retiring employees
C) Mandating a leave of absence for all employees near retirement
D) Establishing a 30-day open window for early retirement

Quizplus · Accepted Answer

Establishing a 30-day open window for early retirement would limit the program eligibility to a short period of time as desired by Terra Alta. It also allows employees to have a clear picture of their future if they decide to accept early retirement. This policy also avoids the legal and humane issues that the company wishes to avoid. Creating a formula that accelerates retirement eligibility for low performing workers and mandating a leave of absence for all employees near retirement are not appropriate policies in this situation. Implementing outplacement service programs for retiring employees could be a good idea, but it is not mentioned as a priority for Terra Alta in the given scenario.