2007-09-19 09:44:21 · 4 answers · asked by Jontill L 1 in Business & Finance ➔ Corporations
Well, at that age I'd hope you'd try as hard as you could not to lay them off.
But you could consider whether to offer them a part-time position -- at 57 a part-time position might be perfect as a transition to full retirement.
If you have to, you have to, but at least make sure to offer whatever you can afford to do -- extended medical insurance coverage, etc.
2007-09-19 10:29:54 · answer #1 · answered by enoriverbend 6 · 0⤊ 0⤋
I hope you do have to do it. but if really required, offer him a good separation package so he wouldn't feel as bad and he has something to survive the next 3 years until he starts getting his pension from the government,
2007-09-19 21:31:17 · answer #2 · answered by Lorna 3 · 0⤊ 0⤋
Just do it and get it done. the longer they wait the harder it will be,
Also, be sure HR has the details of his severance package all ready to go.
There really isn't much else the employer can do.
.
2007-09-19 09:54:24 · answer #3 · answered by TedEx 7 · 0⤊ 1⤋
Add 3 years to their seniority so they can get their normal pension.
2007-09-19 11:39:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋