Understanding VRS: Can You Share More Insights for Finance Students?

This is a PowerPoint presentation on VRS, very useful for Personnel Finance students. Please share some more information on VRS, if any.

Thanks & Regards

Dear Tanvini,

A very good PPT, but you missed out on the flip side of VRS, which every employer refuses to mention, but Line Managers and Middle Managers feel a lot. For example:

1) Erosion of Valuable Talent and Experience and accumulation of dead mass.

What I have seen being a part of a VRS Scheme is that the efficient people among the worker level opted for the scheme because they saw it as a bonus income for their career. They went out and started their own trade, while the less efficient and redundant ones did not opt for the scheme because they were redundant in the outside world as well.

Thanks again for the presentation.

Regards,

SC

Hi,

Thank you very much for the extra information and, more importantly, for clearly explaining it. Such valuable information helps us students a lot.

Thanks & Regards,
Tanvini Gogri.

Types of Payments at VRS Time

As an employer, how many kinds of payments (like gratuity, salary, bonus) are possible to give the employee at VRS time? Note: For private sector purposes.