3.2.7 termination management

Question 1

define retirement

Answer 1

involves an individual deciding to leave the workforce permanently as they no longer wish to work

Question 2

define redundancy

Answer 2

involves an employee no longer working for a business because there is insufficient work or their job no longer exists

Question 3

define resignation

Answer 3

involves an employee voluntarily terminating their own employment, usually to take another job position somewhere else.

Question 4

define dismissal

Answer 4

involves the involuntary termination of an employee who fails to meet required work standards or displays unacceptable or unlawful behaviour.

Question 5

define entitlement considerations

Answer 5

are legal obligations that an employer owes to its employees, following the termination of their employment contract

Question 6

define transition considerations

Answer 6

are social and ethical practises that a manager can consider implementing when terminating employees