Fostering Friendships - Enhancing Social Bonds in the Classroom
termination.pptx
1. SEACOLLEGE OF ENGINEERINGAND TECHNOLOGY, BANGALORE
Department of MBA
Submitted By :
Meghana v k
USN No.:- 1SP21BA015
Submitted To:
Dr. Nagarajan sir
Department of MBA
Subject :-Entrepreneurship and Legal aspects
Sub code:- 20MBA26
Date of given :- 29/7/2022
Date of Submission :-
2. TOPIC:- TERMINATION OF EMPLOYMENT
Termination meaning :- End in time, Conclusion the termination of the life.
Defination :- The process of officially ending some one’s job at a Company.
or
Termination of Employment or Separation of employment is an employee’s departure from a job and the end
of an employees duration with an employer.
3. TYPES OF TERMINATION
There are four types
Voluntary Termination
Involuntary Termination
Wrongful Termination
End of a work contract or Temporary Employment
4. VOLUNTARY TERMINATION
Voluntary termination means that an employee voluntarily terminates his/her employment with
a company. This might involve persona reasons on behalf of an employee, such as getting a new
and better job, resigning from a field, or starting up their own venture. This might also be due to
professional reasons , as result of constructive dismissal. Constructive dismissal refers to a
situation where an employee is dissatisfied with his/her workplace. They may be facing
harassment, low wages, long work hours, long commute etc.
Voluntary termination requires an employee to hand in a formal letter of resignation to
employer. The standard notice period is 30 days. But this term may be shorter depending upon
the organization.
5. INVOLUNTARY TERMINATION
Involuntary termination of employment occurs when an employer lays off, dismisses, or
fires an employee.
Under that
Layoffs and downsizing
Getting fired
Illegal dismissals
6. Layoffs and Downsizing
In a layoff, employees are usually let go through no fault of their own, unlike workers
who are fired. Companies often decide to lay off workers or downsize their organizations
to lower their operating costs, restructure their organizations, or because they no longer
need an employee’s skill set. Layoffs may require employers to suspend certain roles
temporarily, as was the case during the COVID-19 pandemic, or they may be permanent
as a result of restructuring decisions.
7. Getting fired
An employee is usually fired from a job as a result of unsatisfactory work performance,
bad behavior, or a poor attitude that does not fit with the corporation’s culture. They may
also be let go because of unethical conduct that violates the company’s policies.
According to at-will employment laws recognized in some states, a company may
dismiss without warning any employee who is performing poorly or violating some form
of the company’s rules. In fact, the company does not need to give a reason for the
employee's termination.
8. Illegal dismissals
Although employment-at-will contracts do not require an employer to warn or give a
reason for a dismissal, an employer cannot fire a worker for certain reasons, including:
•Refusing to work more than the hours specified in the contract
•Taking a leave of absence
•Reporting an incident or a person to the Human Resources (HR) department
9. Termination under contract
In most cases, employment contracts are very specific about the process for terminating
employment. This is mostly the case when the termination is by mutual agreement, and in
particular cases where contractual employment is set for a fixed period. For instance,
consultants with international organizations or interns at private organizations, often have
defined employment periods.
10. Wrongful Termination
Although many individuals who are terminated from their job feel their termination was
"wrongful," especially if it was done without cause, the legal definition of wrongful termination is
quite specific. To be wrongfully terminated is to be fired for an illegal reason, which may involve
violation of federal anti-discrimination laws or a contractual breach. For instance, an employee
cannot be fired on the basis of her race, gender, ethnic background, religion, or disability. It is
also illegal to fire an employee because they lodged a legal complaint against the employer, or
because the employee brought the employer’s wrongdoing to light as a whistleblower. Such
adverse actions are considered "retaliation" and are unlawful. FindLaw's Wrongful Termination
section explains the meaning of "at-will" employment, how to determine whether you have an
implied employment contract, the elements of wrongful termination, and how to file a claim
against an employer.
11. Acceptable Reasons for Termination
Incompetence, including lack of productivity or poor quality of work.
Insubordination and related issues such as dishonesty or breaking company rules.
Attendance issues , such as frequent absences
Theft or other criminal behavior including revealing trade secreates.