2.13 Termination Management Flashcards
Define “Termination”
The ending of the employment of an employee
What are the two types of termination?
- Voluntary
- Involuntary
Define “Voluntary Termination”
Employees nominate themselves because they are willing to leave the organisation
What are the types of Voluntary Termination?
- Retirement
- Resignation
- Redundancy
Explain “Retirement” as a type of Voluntary Termination
Occurs when an employee decides to give up full-time or part-time work and no longer be part of the labour force.
Explain “Resignation” as a type of Voluntary Termination
The voluntary ending of employment by the employee by the employee ‘quitting’ their job
Explain “Redundancy” as a type of Voluntary Termination
Occurs when a person’s job no longer exists, usually due to technological changes or a business restructure
Define “Involuntary Termination”
Employees are forced to leave the organisation against their will
What are the types of Involuntary Termination?
- Dismissal
- Redundancy
Explain “Dismissal” as a type of Involuntary Termination
Occurs when the behaviour of an employee is unacceptable and a business terminates their employment
What are the 2 types of Dismissal?
- Summary dismissal
- Dismissal on notice
Define “Summary dismissal”
When an employee commits a serious breach of their employment contract. This is when no notice is required.
Define “ Dismissal on notice”
When an employee is not performing the job satisfactorily. Poor performance may be identified during an appraisal or performance process
Define “Unfair Dismissal”
When an employee is dismissed because the employer has discriminated against them in some way.
Define “Entitlement issues”
The right to benefit that employees have when leaving the workplace, either on a voluntary or an involuntary basis
Examples:
- Salary owed
- Termination statement
- Redundancy payment