unit 3 aos 2 part b Flashcards
termination
working rely ends due to employee leaving business either voluntarily or involuntarily
types of termination
- voluntarily
- involuntarily
voluntary termination
employee makes decision to leave
- can be thru retirement or resignation
involuntary termination
business decides to terminate employee
- can be thru redundancy or dismissal
termination management
employees must be treated fairly and lawfully
emotional for both parties
termination management involves … listed
- respect
- dignity
- the best interests of both the employee and the business in mind
entitlement considerations
legal obligations regarding the termination of employee contract
transition considerations
practices that may be considered when terminating employment
resignation
voluntary termination that occurs when employee decides to leave business
resignation can be for a variety of reasons … listed
- unhappy with their current job/bored
- moving location
- receive a better offer from another business
- start their own business
- wanting to change careers
- better working conditions elsewhere
(resignation) exit interview
manager asks series of questions to resigning employee
(resignation) exit interview questions asked … listed
- why they’re leaving
- how business can improve
(resignation) entitlements
employee is entitled to payment for work they’ve completed as well as accrued benefited such as payment of untaken annual leave and long service leave
for a resignation entitlement, the employee must need .. listed
provided advice in writing of their intention to resign
(resignation) transition strategies (business may provide) …. listed
- letter of reference or recommendation
- agree to act as a referee for the employee
retirement
employee decides to permanently leave paid workforce
retirement generally comes down to these factors … listed
- the age you can access superannuation
- qualifying age for the age pension
retirement entitlement considerations
employee is entitled to payment for work they’ve completed and accrued benefits; payment of untaken annual leave and long service leave
retirement entitlement considerations characteristics .. listed
- employee must provide advice in writing of intention to retire
- end date is usually negotiated
retirement transition considerations .. listed
- offer services such as counselling, superannuation or investment along with lifestyle planning
- gradually transition to retirement
impact of voluntary leaving .. listed
- loss of talent
- cost of replacement
- decline in morale
- breakdown of effective teams
- productivity could increase or decrease
redundancy
employee leaves business because their job no longer exists
when redundancies occur .. listed
- employer is closing part or all of the business
- restructuring
- new tech is introduced
- business is relocating
redundancy can be either … listed
- voluntary
- involuntary