ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Occurs when the job ceases or when the employer can no longer afford to employ the worker.
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Termination
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Dismissal
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Suspension
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Redundancy
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Explanation:
Detailed explanation-1: -Definition of Redundancy: Redundancy is a form of dismissal that occurs when a job no longer exists or is not required anymore. Following redundancy, the job/position disappears from the company. This may be because the company is downsizing, closing down, or simply, the work is not required any longer.
Detailed explanation-2: -What is a collective redundancy? If an employer is proposing to make redundant 20 or more employees at “one establishment” (see below) within 90 days, this will amount to a collective redundancy. If this is the case, then legal requirements regarding collective consultation will apply.
Detailed explanation-3: -There are two types of redundancy: voluntary and compulsory.
There is 1 question to complete.