When General Motors last month offered buyouts and early retirement packages to 113,000 hourly workers, the move focused new attention on a key aspect of the continually evolving relationship between employers and employees.
A grandfather clause (or grandfather policy) is a provision in which an old rule continues to apply to some existing situations while a new rule will apply to all future cases. Those exempt from the new rule are said to have grandfather rights or acquired rights. grandfather clause (or grandfather policy) is a provision in which an old rule continues to apply to some existing situations while a new rule will apply to all future cases. Those exempt from the new rule are said to have grandfather rights or acquired rights.
As a segment of the population, grandparents outnumber African Americans or Hispanic Americans. And you're not whiling away your hours in rocking chairs. Far from it: The average age of first-time grandmothers in the United States is 50; for first-time grandpas, the average age is 54.Overall, 54 percent of grandparents (a total of 38 million) are younger than 65. By 2010, half of all grandparents will be Baby Boomers.nd you're not whiling away your hours in rocking chairs. Far from it: The average age of first-time grandmothers in the United States is 50; for first-time grandpas, the average age is 54. Overall, 54 percent of grandparents (a total of 38 million) are younger than 65.