Decision Making Evaluation Paper
PHL/320
May 18th, 2015
Professor Chris Mendoza

Decision Making Evaluation Paper Many companies offer employment within their companies to avoid laying off individuals from their jobs. Sometimes funds are scarce, so companies have to decrease hours a certain employee might have to work. That keeps them safe on the job, so they do not have to get laid off. They will see a pay decrease also but as long as they still have a job. It avoids them from getting laid off and searching for another job. Communication and honesty are very important to any organization to keep their employees informed about any changes.
Exit Programs
The early retirement plan is a broad topic. It is a good option if you do not have another resource. The early pension to which employees could aspire, the employer would provide the board, it is important to know that only people who are 55 years or more can acquire this benefit. Many employers try to make early retirement seem more attractive for those who are on the layoff list, by constructing some incentives.
The incentives offered depend on the type of pension of work you acquired. There are two types: defined contribution and defined benefit. Incentives come to include: a single payment of the defined contribution pension to increase the value of the fund or
pension benefits that work as if he had worked for the normal retirement age (if you are in a defined benefit plan). There are two problems: those who do not participate are recognized as being fired and access to severance pay, the other negative point is that people under 55 cannot access early pension, are left to be compensated.
It is important to understand that early retirement may not be before 60 years from the state, but this involves not receiving 100% of the pension. On the other hand, the same quality of benefits they could receive would