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What do you mean by Life time Employment Plan ? |
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Answer» Life time Employment means that a major firm or Government Bureau hires once a year , in the spring , when young people graduate from junior high , high school and the university . Life time Employment , more than being a single policy , avoiding retrenchment and lay off during recession . Moreover , financial and non-financial incentives dhould be offered to motivate employees . Instead of this company maintains employees , while it is not earning profit . |
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