SAC 1B - TERMINATION PHASE

Question 1

What are the voluntary types of termination?

Answer 1

Retirement

Resignation

Question 2

What are the involuntary types of termination?

Answer 2

Retrenchment

Dismissal

Question 3

What are the types of termination?

Answer 3

Resignation 
Retirement
Redundancy
Retrenchment
Dismissal

Question 4

What is termination?

Answer 4

Termination is the ending of the employment of an employee. Termination can be voluntary or involuntary and is managed by the human resource manager.

Question 5

Define resignation

Answer 5

Resignation is the voluntary ending of employment by the employee 'quitting' their job. A reason for resignation could be;
> To start a new job
> Change of lifestyle 
> Boredom of present job 
> To start their own business

Question 6

What is retirement?

Answer 6

Retirement is when an employee decides that they no longer want to be apart of the labour force.

Question 7

Define redundancy

Answer 7

Redundancy describes a situation when a persons job no longer exists, usually due to; new technology, a change in organisation, a merger or acquisition. Redundancy can be either voluntary or involuntary.

Question 8

Define retrenchment

Answer 8

Retrenchment is when a business dismisses an employee because there is not enough work to justify paying them.

Question 9

What is dismissal?

Answer 9

Dismissal occurs when the behaviour of an employee is unacceptable and an organisation terminates their employment.