Retirement

Retirement is the separation of older employees from the organization due to attainment of age limit or of certain given conditions. Retirement is the natural exit but layoff, discharge, dismissal, termination and death are unnatural exit /separation. It is always a shock to the working people. It makes a radical change in the lifestyle of the incumbent. It sets a person at the end of his/her meaningful relationships and experiences with the organization.

Share This Post

Related Articles

© 2024 Human Resource Management. All rights reserved. Site Admin · Entries RSS · Comments RSS
Powered by HRM Practice · Designed by HRM Practice