
Voluntary redundancy (VR) is a financial incentive offered by an organisation to encourage employees to voluntarily resign, typically in downsizing or restructuring situations. The purpose is to avoid layoffs or, in certain cases, to circumvent union employee regulation laws. ==Reasons== A Voluntary Redundancy Programme is not always driven by sho...
Found on
http://en.wikipedia.org/wiki/Voluntary_redundancy
No exact match found.