PLEASE ANSWER EACH QUESTION WITH 6-8 SENTENCES EXPLAING YOUR REASONING. PLEASE LABEL (PART A & PART B) WHEN ANSWERING.

Identify situations where a severance pay plan would be advantageous, first from the perspective of the employer and then from the perspective of the employee. What other ways, if any, might exist to accomplish the same end? The rank-and-file employees at Acme Manufacturing have group-term life insurance equal to their salary, a basic health care plan and a profit sharing plan that, over the past 5 years, either has not been funded or has had small employer contributions. Rank-and-file employees resent the fact that the owner and key employees have better benefits