Voluntary Retirement Scheme: Implementation and Effects

This book studies the human and social implications of New Economic Policy as reflected by labour restru-cturing by means of Voluntary Retire-ment Scheme (VRS). It also provides an in-depth look into the procedures involved in the implementation of VRS with their implications in relation to labour legislations. Quantitative insights into the finer points of VRS implementation and its effects on opters, management and industry are provided. This book provides practical guidance to organizations planning to implement VRS. For employees, who are considering the option of taking VRS, this book provides a preparatory base by giving them a glimpse of work culture of an organization heading to-wards VRS, role of unions and associations therein, insecurities involved in VRS option and life condition of employees after opting VRS. The book pro vides cautionary insights and measures to keep in mind to make the future secure to individuals considering VRS option. This book is relevant for policy makers, trade unionists, managements and academicians in the field of Business Administration, Social Work, Law, Economics, Psycho logy, and Sociology.