AOS 2.7 - Termination Management

Question 1

Retirement

Answer 1

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

Question 2

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

Resignation

Answer 3

involves an employee voluntarily terminating their own employment, usually to take another job position elsewhere

Question 4

Dismissal

Answer 4

involves the involuntary termination of an employee who fails

Question 5

Entitlement Considerations

Answer 5

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

Question 6

Entitlement Considerations: Examples

Answer 6

• annual or long service leave
• redundancy pay
• notice of termination
• justifiable reasons for employment termination

Question 7

Transition Considerations

Answer 7

social and ethical practices that a manager can consider implementing when terminating employment

Question 8

Transition Considerations: Examples

Answer 8

• offering resume writing or interview training to improve employability
• Providing networking support for employees in the form of contracts they can use to gain future employment
• Flexible working hours