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Question :  Golden Handshake scheme is associated with

Option 1:  inviting foreign companies

Option 2:  private investment in public enterprises 

Option 3: establishing joint enterprises 

Option 4: voluntary retirement


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: voluntary retirement


Solution : Correct Answer is voluntary retirement

Non-executives occasionally receive a Golden Handshake as a bonus. Golden handshakes include severance pay in the event that an employee leaves their job early without consent. Cash, stock options, or any other acceptable form of payment is permitted under the terms of the contract. Given that the payout to top executives is lower, the "golden handshake" scheme is also known as the "silver handshake."

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