level: Termination Management
Questions and Answers List
level questions: Termination Management
| Question | Answer |
|---|---|
| Termination | is the voluntary or involuntary ending of the employment relationship or contract. |
| Retirement | is a voluntary termination method that occurs when an employee decides to give up full-time or part-time work and no longer be part of the labour force |
| Resignation | is a voluntary termination method which involves an employee deciding to cease their employment with a business. |
| Redundancy | occurs when a person’s job is no longer required or ceases to exist. |
| Dismissal | is an involuntary termination method which occurs when an employee is terminated due to poor performance or their behaviour breaching contract or company policy. |