Early retirement incentive programs benefit only the employees.

Question

Quizplus · Accepted Answer

While early retirement incentive programs may provide immediate financial benefits to employees, they are often implemented by companies as a cost-saving measure. By encouraging older and more expensive employees to retire early, companies can reduce their payroll expenses and may avoid the need for layoffs or other cost-cutting measures. Therefore, these programs also benefit employers by allowing them to manage their workforce and finances more effectively.

Early Retirement Incentive Programs Benefit Only the Employees