NBig-bang reductions vs - World Bank
The incentive portion of the VRS is the only real additional cost and the benefits are the savings in reduced staff costs each year. Considering this incentive portion of VRS as an investment, and annual savings in staff costs as cash inflows, this results in internal rate of return of 50.5 percent for NBL , 54.1 % for RBB with a payback period ... ................
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