So people that have children, or are disabled, or older, or anyone who may have difficultly finding a job and losing their job would bring hardship (especially to vulnerable dependents of the employee) are required legally to grade each employee on a social risk scale and make those who are most mobile and independent redundant as a priority.
As you might guess, companies therefore try to avoid such programs in favor of voluntary redundancy, in the hope that such employees will take the payout.
These kind of programs (when enforced) tend to push out the young, driven, hungry, innovative employees in the company.
It means that the voluntary redundancy packages offered by companies need to be attractive, so for the employee it provides them with safeguards that they can feel secure in their jobs and their lives.
In the end it’s a balancing act between consideration for the human, versus pure unbridled entrepreneurship.
What does this “social aspect” idea come from?