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How is Dismissal different from Retrenchment, Layoff and Suspension? - Business Studies

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प्रश्न

How is Dismissal different from Retrenchment, Layoff and Suspension?

दीर्घउत्तर
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उत्तर

Retrenchment, layoffs, and suspension differ from dismissal in the following ways:

  1. While retrenchment, layoffs, and suspension are typically temporary or for a brief amount of time, dismissal is a permanent separation.
  2. Employees who have been fired are not rehired. However, employees who have been laid off, retrenched, or suspended are typically summoned back to work.
  3. Employees who engage in misbehaviour may be disciplined by their employers through suspension or dismissal. Layoffs and retrenchments are not punishment; rather, they are the result of external factors like a decline in the market or technological advancements.
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अध्याय 12: Staff Separation - QUESTION BANK [पृष्ठ १६८]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 12 Staff Separation
QUESTION BANK | Q 4. | पृष्ठ १६८
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