Documents Voluntary Retirement Scheme1 115

VOLUNTARY RETIREMENT SCHEME. WHAT IS VRS?  The Voluntary Retirement Scheme (VRS) is the latest mantra of many a corporate and Public sector units. VRS is a scheme whereby…

Recruiting & HR Downsizing and VRS

VOLUNTARY RETIREMENT SCHEME. WHAT IS DOWNSIZING? A downsizing strategy reduces the scale (size) and scope of a business to improve its financial performance. A reduction…