Difference between separation and retrenchment in hrm
Answers
Answered by
0
Answer:
Retrenchment means involuntary separation of an employee due to the replacement of labour by machines or the close of the department. The layoff is an action step, whereas retrenchment is a business strategy to reduce company's expenses. The layoff is defined in section 2 (kkk) of the Industrial Disputes Act, 1947.
Similar questions
Physics,
6 months ago
Science,
6 months ago
Math,
6 months ago
Business Studies,
1 year ago
Biology,
1 year ago