____ Is the Time in Life When the Major of Income

question 225

Multiple Choice

____ is the time in life when the major of income changes from earned income to investments,Social Security benefits and part-time work.

• A)Retirement
• B)Age 65
• C)Empty nest
• D)Disability

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Definitions:

Employee Leasing

Involves an organization paying a fee to a leasing company that provides a pool of employees who are available on a temporary basis. This pool of employees usually constitutes a group or crew intended to handle all or most of the organization’s work needs in a particular area.

Contingent Workforce

A labor pool consisting of people employed by organizations on a non-permanent basis, such as freelancers, temporary contract workers, or consultants.

Survivor Syndrome

Emotional and psychological effects experienced by employees who remain in an organization after significant layoffs or restructuring.

Part-Time Workers

Refers to individuals who are regularly expected to work less than 40 hours a week. They typically do not receive benefits and afford the organization a great deal of flexibility in staffing.