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Cinergy Inc., a Midwestern gas and electric utility company, agreed not to penalize workers who left the company before the age of 65 and also offered those workers a bonus equivalent to two weeks' pay
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Cinergy Inc., a Midwestern gas and electric utility company, agreed not to penalize workers who left the company before the age of 65 and also offered those workers a bonus equivalent to two weeks' pay for every year of employment with Cinergy. Cinergy is

User Sander Aernouts
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Answer:

Encouraging voluntary early retirement.

Step-by-step explanation:

When a business determines to allow retirement to employees to lessen their workforce without requiring to hold a further real downsizing situation, it refers to voluntary early retirement. The relative choice for recreation versus the feasible option of extending work causes unexpected voluntary retirement. Since Cinergy Inc. does not penalize the employees for early withdrawal from the job with two weeks bonus, the company is encouraging its employees to leave the job early.

User Ghazanfar Mir
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