Advanced Questions

1:

What is meant by the term 'severance' pay?

A.

A bonus for new workers who join the organisation after downsizing has taken place.

B.

Compensatory financial support for redundant workers.

C.

A bonus for existing workers who stay with the organisation after downsizing has taken place.

D.

None of the above

 

Answer : B

Explanation :

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Option: A

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