Polaroid Allows Employees the Opportunity to Try Out Retirement with a Leave

question 58

Multiple Choice

Polaroid allows employees the opportunity to try out retirement with a leave program, or gradually reduce their work hours as they approach retirement age. This is an example of which of the following?

• A) severance leave
• B) a pre-retirement program
• C) family-friendly benefits
• D) CPP/QPP

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Definitions:

Flexibility

The ability to adapt to changes or circumstances without significant difficulty.

Morale

The overall outlook, confidence, feeling, and spirit of a person or group, especially in the context of work or duties.

Pareto Analysis

A statistical technique in decision-making used for the selection of a limited number of tasks that produce significant overall effect. It is often referred to as the 80/20 rule.

Scatter Diagram

A graphical representation used to visualize the relationship between two variables, showing how one variable is affected by the other.