Firms opt for less contentious early retirement plans
2 weeks ago, 16:27
Employers are increasingly opting for voluntary early retirement schemes over layoffs to avoid potential costly litigations and protect their corporate image in a slowing economy. Voluntary early retirement usually comes with a more attractive cash package, benefits and dignity than dismissals, human resources experts say. Federation of Kenya Employers executive director Jacqueline Mugo says the voluntary plans are less contentious and more cost-effective. “Employers prefer to handle separation ...
Category: business opinion news