The benefit paid to terminated employees or laid-off employees is?
Correct answer: C. severance pay
- A. vacations and holidays
- B. lifelong learning
- C. severance pay
- D. optional pay benefitsPakMcqs App Subscription
Explanation
Severance pay is a payment made to employees whose employment ends because of termination or layoff. Vacations and holidays are paid-time-off benefits, not termination compensation.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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