Answer the Following Question: Give One Benefit Each of the Voluntary Retirement Schemes to an Employee and to the Employer. - Business Studies

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Answer the following question:

Give one benefit each of the voluntary retirement schemes to an employee and to the employer.

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Under this scheme, the employee may be allowed to retire before attaining the retirement age with full benefits of retirement due to disease or disability and the retirement benefits to an employer may give a recruiting advantage.

Concept: Retirement
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