Examlex
Secondary reinforcers:
Early Retirement
The act of leaving the workforce before the traditional retirement age, often with incentive packages offered by employers.
Labor Surplus
A situation where the number of available workers exceeds the number of available jobs, often leading to unemployment or underemployment.
Work Sharing
A program that allows employees to reduce working hours during economic downturns as an alternative to layoffs, with the aim of spreading a reduced amount of work over the same or a larger number of employees.
Hiring Freeze
A policy implemented by organizations to temporarily halt the recruitment of new employees.
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