Managing Employees - Termination

Question 1

What is employee termination?

Answer 1

When an employee exits their job or workforce voluntarily or involuntarily.

Question 2

What are the ways employees terminated?

Answer 2

Voluntarily- retirement

              - resignation
              - redundancy

Involuntarily- dismissal
- redundancy

Question 3

How can redundancy be voluntarily and involuntarily?

Answer 3

Self nomination and being made reductant by employer

Question 4

What is resignation?

Answer 4

Voluntary termination that occurs when an employee decides to leave the workplace, usually to go to another job.

Question 5

What is redundancy?

Answer 5

Redundancy is when there is no longer sufficient work for an employee and job is lost, however, redundancies come with packages to help in transition into new jobs.

Question 6

What is dismissal?

Answer 6

Involuntary termination whereby an employee is fired due to lack discipline and unacceptable behavior.

summary dismissal - immediate
dismissal on notice -

Question 7

Reasons for redundancies?

Answer 7

• Role no longer needed
• automations
• restructuring (merger of roles or businesses)
• bankrupt
• down scaling