What is the difference between retrenchment and layoff?
Can someone in this forum explain?
Thank you,
Paresh
Message From: jana venkata
Total Posts: 15
Join Date: 19/01/2009
Rank: Executive
Post Date: 04/08/2016 07:26:50
Points: 75
Location: India
Hi Paresh,
Lay off is temporary, the employment status of the employee is not deemed terminated whereas retrenchment is permanent and its deemed to be terminated.
