Examlex
When an employee remains with a firm because he or she faces significant exit barriers, this can be characterized as:
Performance Problem
Occurs when an employee's work does not meet established standards or expectations due to various factors like lack of skills or motivation.
Authority
The power or right to give orders, make decisions, and enforce obedience.
Downsizing Strategy
A business strategy involving the reduction of a company's workforce in order to cut costs and improve efficiency or profitability.
Voluntary Severance
An option allowing employees to choose to leave their positions in exchange for a pre-determined compensation package.
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