Termination of Employment
/ˌtɜːrmɪˈneɪʃən ʌv ɛmˈplɔɪmənt/
Definitions
- (n.) The lawful ending of an individual's employment relationship with an employer, whether initiated by the employer or employee.
The termination of employment must comply with statutory notice periods and contractual terms.
- (n.) The conclusion of the employment contract due to dismissal, resignation, redundancy, retirement, or mutual agreement.
Termination of employment due to redundancy requires severance pay under the applicable labor laws.
Related terms
See also
Commentary
Termination of employment encompasses various legal grounds and implications; draftsmen should specify the cause and applicable statutory framework for clarity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.