The voluntary redundancy option: carrot or stick?

Simple item page
dc.contributor.authorClarke, M.
dc.date.issued2005
dc.description© 2005 British Academy of Management
dc.description.abstract<jats:p>Voluntary redundancy is a relatively new form of retrenchment that has become a popular means of reducing workforce numbers in downsizing organizations. Voluntary redundancy involves the offer of a financial incentive to encourage employees to ‘volunteer’ for redundancy. Using the findings of a small study of individuals who had taken voluntary redundancy, this paper explores the voluntary nature of voluntary redundancy and suggests that both organizational change and the financial incentive are contributors to the redundancy decision. From an organizational perspective voluntary redundancy does appear to smooth the downsizing process but at the same time tends to mask underlying issues of morale and commitment.</jats:p>
dc.description.statementofresponsibilityMarilyn Clarke
dc.identifier.citationBritish Journal of Management, 2005; 16(3):245-251
dc.identifier.doi10.1111/j.1467-8551.2005.00457.x
dc.identifier.issn1045-3172
dc.identifier.issn1467-8551
dc.identifier.orcidClarke, M. [0000-0003-3442-5472]
dc.identifier.urihttp://hdl.handle.net/2440/55403
dc.language.isoen
dc.publisherBlackwell Publ Ltd
dc.source.urihttps://doi.org/10.1111/j.1467-8551.2005.00457.x
dc.titleThe voluntary redundancy option: carrot or stick?
dc.typeJournal article
pubs.publication-statusPublished

Files

Collections

Business School publications