Termination
Definition
What is Termination of Employment?
Termination is ending the employment relationship. SMEs must handle it legally, fairly, and with documentation to reduce disputes.
Why it Matters for SMEs
- Legal compliance
- Protects reputation
- Reduces risk
Example in Practice
"Factorial stores termination letters and exit checklists."
Frequently Asked Questions
Common questions about termination
Explore More HR Terms
Continue building your HR knowledge with our comprehensive glossary
