Consider offering an early retirement plan to generate some voluntary turnover, but don’t get people’s hopes up by announcing it before all the details are in place.
If you offer an early retirement plan, require that all employees who accept it waive their ADEA rights.
Taking early retirement is an important decision, so give employees two weeks to think over the offer:
What are the legal problems with the consultant’s advice? What would be better advice?
2. What are some feasible alternatives to downsizing? If downsizing must occur, what criteria should be used to select those individuals who be be downsized?
3. Does the employment at will with exception standard provide sufficient protection for employees? Would it be better if all employers were required to meet a just cause/due process standard for termination? Why or why not?
