What is Termination of Employment?
Termination of employment is an official end to the employment relationship of an employee with an organization. It can be voluntary (resignation), involuntary (dismissal or layoff), or even because of retirement. The viability comprises final settlements, exit interviews, and returning of the company property. The adequate handling of the end of employment significantly ensures the observance of labor legislation and provides the company with a good image and prevents possible disputes and maintains a professional relationship.
Examples
The case of the termination of employment was conducted in a professional and respectful manner.
Misbehavior might cause the termination of employment.
All the documentation is done in case of termination of employment by HR.
Synonyms
- Employee Dismissal
- Job Separation
- Employee Discharge
- Workforce Reduction
- Layoff
