Resignation & Termination
This workflow template illustrates the handling of all tasks surrounding voluntary and involuntary termination and the initiation of any retirement benefits. Purchase and download this template in PDF, Visio and PowerPoint formats, and customize it to fit your organization, or use it to better understand the Resignation & Termination process.
Related KPIs : Turnover Rate: Voluntary, Turnover Rate: First Year of Employment, Turnover Rate: High Performers
What is Resignation & Termination?
Resignation & Termination is a process that handles all tasks surrounding voluntary and involuntary termination and the initiation of any retirement benefits. Though a manager may demand for the employee's immediate termination, as a professional curtesy, employees should give two weeks notice if they wish to resign from a position. This process includes meetings with the employee (meetings with the direct manager and HR representative are usually conducted separately), the exit interview, reconciliation of all employee equipment and paperwork upon termination and the documentation of terminated employee retirement benefits.
Download a Sample Resignation & Termination
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