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Employee Leasing
A staffing arrangement where a leasing firm hires and manages employees, then contracts them out to work for another company, effectively outsourcing the HR functions.
Voluntary Early Retirement
A program offered by employers allowing employees to retire earlier than the traditional retirement age, often with full or partial benefits.
Stock Options
Financial incentives given to employees, granting them the right to buy the company's stock at a set price within a certain period.
Noncompete Clause
A contract provision that restricts an employee from working with competing firms or starting a similar business for a specified period after leaving the company.
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