GK
BUSINESS ECONOMICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which four elements are considered when calculating employee separation costs?
|
|
-Exit interviews-Lost productivity-Administrative function related to termination-Unemployment tax
|
|
|
-Unemployment tax-Separation pay-Administrative function related to termination-Exit interviews
|
|
|
-Lost productivity-Cost of lost customers, sales and profit due to departure-Separation pay-Exit interviews
|
|
|
-Exit interviews-Separation pay-Cost of additional temporary help-Unemployment tax
|
Explanation:
Detailed explanation-1: -In practice, employees may be separated, or say, may move out of organisation for a variety of reasons like retirement, resignation, suspension, discharge, dismissal and layoff.
Detailed explanation-2: -Dismissal of employee. Termination of employee. Suspension of employee. Layoff. Retrenchment of employee. Retirement. Liquidation of Company.
There is 1 question to complete.