Employee termination means the end of employment of a worker with a company. A departure, as such, has many causes and types.
Types of Employee termination
- Voluntary Termination – Voluntary termination occurs when the employee severs the working relationship. Employees can quit their job verbally, with or without notice as well.
- Involuntary termination – Involuntary termination means the business has decided to sever the employment relationship. There are 2 types of involuntary terminations – With cause or without cause.
- Employee at will – This means the employee and the business are free to terminate employment at any time, without reason or warning.
- Mutual termination – This termination arises when both parties conclude that they are not a good fit.