Remove Discrimination Remove Outplacement Remove Retirement
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What Is the Difference Between a Voluntary Retirement and a Layoff?

Careerminds

Thats where voluntary retirement programs can offer an alternative. But how do voluntary retirement and layoffs really differ, and when should HR consider one over the other? In this article, well discuss the difference between voluntary retirement and layoffs, exploring their key elements and implications in detail.

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Top 3 Strategic Alternatives to Layoffs

Careerminds

This is why, if a layoff event must happen, we strongly suggest HR leaders provide outplacement services for their staff members to ease these tensions. Click below to learn more about our Careerminds outplacement services and how we can support you through your stressful reduction event. What Are Three Alternatives to Layoffs?

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How to Transition Senior Executives with Executive Outplacement

Intoo USA

Some executives might not want another job at all, but instead seek entrepreneurial ventures or retirement readiness planning. That is why many companies offer executive outplacement services to departing senior executives. Here are three steps to take to effectively transition senior executives with executive outplacement services.

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How to Write a Voluntary Retirement Program Announcement Letter (with Template)

Careerminds

A voluntary retirement program can be a great way to help older workers comfortably exit your organization while negating the need for workforce reduction events such as layoffs. Like most programs, it begins with your voluntary retirement program announcement letter. What Is a Voluntary Retirement Program Announcement Letter?

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How to Transition Senior Executives with Executive Outplacement

Intoo USA

Some executives might not want another job at all, but instead seek entrepreneurial ventures or retirement readiness planning. That is why many companies offer executive outplacement services to departing senior executives. Here are three steps to take to effectively transition senior executives with executive outplacement services.

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What NOT to Do in Severance Agreements With Employees Over 40

Careerminds

However, older employee severance agreements over 40 must meet specific legal requirements under the Age Discrimination in Employment Act (ADEA) and the Older Workers Benefit Protection Act (OWBPA). These laws ensure that any waiver of age discrimination claims is knowing and voluntary.

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Reduction in Force Checklist

Careerminds

Step 2: Consider Alternatives Options Furloughs or extended leaves Temporary layoffs Temporary or permanent pay reductions Reduced hours of paid work Hiring freezes Voluntary time off Voluntary layoffs Voluntary or early retirement Step 3: Outline Your RIF Plan Document the high-level business reasons for why a RIF is necessary.