1. Introduction

This Notice of Termination Policy outlines the procedures and guidelines for terminating employment within [Company Name]. Our aim is to ensure that all terminations are handled professionally, ethically, and in compliance with relevant laws and regulations.

1.1 Purpose

The purpose of this policy is to:

• Establish a standardized process for employment termination
• Ensure fair and consistent treatment of all employees
• Minimize legal risks associated with termination
• Maintain a positive work environment and company reputation

1.2 Scope

This policy applies to all employees of [Company Name], regardless of position or tenure. It covers various types of termination, including voluntary resignation, involuntary termination, and retirement.

2. Types of Termination

2.1 Voluntary Termination

Voluntary termination occurs when an employee chooses to leave the company of their own accord. This includes:

• Resignation
• Retirement
• Abandonment of position

2.2 Involuntary Termination

Involuntary termination is initiated by the employer. This may include:

• Termination for cause (e.g., misconduct, poor performance)
• Layoffs due to restructuring or economic reasons