The process of instituting policies to enable employees to get their accumulated pension plans with ease after leaving the organization is classified as?
Correct answer: C. portability
- A. compatibility
- B. durability
- C. portability
- D. profitability
Explanation
Pension portability allows employees to preserve or transfer accumulated retirement benefits when they leave an organization. Portability concerns movement of benefits, unlike durability or profitability.
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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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