Business processes and to reduce operating costs

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Reference no: EM133632054

Question

TreeWorks Inc. needs to downsize in order to streamline its business processes and to reduce operating costs. Management has conducted an employee scan, and they have realized that there are a number of employees who could retire or retire early to meet their budget goals. They have put together a packet of incentives to encourage senior employees to retire early. According to the Age Discrimination in Employment Act (ADEA), what is it very important for the company to do or not to do in this situation? Group of answer choices It is the employees', not the employers', responsibility to gather all information about available options. Employers should ensure that only employees over the age of 60 receive the program's benefits. Employees must meet a stringent deadline in making their decision about early retirement. Employers can cease the accrual of retirement benefits at about 65 years to induce older employees to retire. Employees should not be coerced to accept an incentive and retire.

Reference no: EM133632054

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