Termination of Employment Policy

Description

TERMINATION OF EMPLOYMENT POLICY

Summary A business that employs staff may use a Termination Policy.

Who should use a Termination of Employment Policy? If your business employs staff then a Termination Policy may be used to set out the process for terminating employment. A written Policy helps to set out details such as payment of the employee’s final remuneration amount and Employee’s return of Company assets.

What does the Policy say? The template Policy includes: Introduction; Termination procedure; Restraints & secrecy; Payment in lieu of notice; Reference letters.

What does this Policy look like? The Termination Policy sample document can be printed onto three pages.

What do you need to do to use the Termination Policy?

• Read the sample Termination of Employment Policy and adapt it for your requirements, where applicable.
• Distribute the Policy to staff, and ensure that the latest copy of it is available to employees at all times.
• Do you need a Letter of Service? We have a template available!

Feel free to browse the Policies & Procedures category on our website for more sample employment policy & procedure templates.

Also viewed: Retrenchment Pack

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