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When a Worker Announces That He Plans to Quit, Say

question 87

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When a worker announces that he plans to quit, say next month, the "threat" of being fired has no bite.The worker may find it in his interest to shirk.What can the manager do to overcome this problem?


Definitions:

Invest

The activity of managing financial assets with the aim of yielding income or financial gains.

Semiannual Payments

Payments made twice a year, often used in the context of bond interest payments or loans.

Annual Rate

The interest rate for a period of one year, not considering compounding.

Interest

A charge for borrowing money, typically a percentage of the amount borrowed.

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