Oftentimes, companies use this method to trim their payroll responsibilities by encouraging higher paid workers with more seniority to voluntarily leave the company earlier than previously planned.
A) resignation plans
B) severance plans
C) early retirement programs
D) employee expenditure plans
Question 2
Which type of professional is involved in the compensation functions such as building job structures, market competitive pay systems, and merit pay structures?
A) compensation generalist
B) HR specialist
C) compensation specialist
D) HR generalist
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