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While the main formal term for ending someone's employment is "dismissal", there are a number of colloquial or euphemistic expressions for the same action. "Firing" is a common colloquial term in the English language (particularly used in the U.S. and Canada), which may have originated in the 1910s at the National Cash Register Company. [2]
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
During that time, as long as you weren’t fired for gross misconduct, you could convert to a non-group contract or apply for Temporary Continuation of Coverage (TCC) for an additional 18 months ...
The phrase "constructive dismissal" describes situations where the employer has not directly fired the employee. Rather the employer has: failed to comply with the contract of employment in a major respect; unilaterally changed the terms of employment, or; expressed a settled intention to do either thus forcing the employee to quit
By Sallie Krawcheck There are some things worth being fired over. Sometimes your personal values don't mesh with the company's (regardless of what the company's "Values Statement" says). Back in ...
In Hong Kong, an employee employed under a continuous contract for not less than 24 months is eligible for severance payment if: he is dismissed by reason of redundancy; his fixed term employment contract expires without being renewed due to redundancy; or; he is laid off [34]
The hospital system and nurses union are still in talks on the cusp of a possible contract expiration. 'Everybody's pretty fired up': Akron General, union negotiate against contract deadline Skip ...
An early termination fee (ETF) is a charge levied when a party wants to break the term of an agreement or long-term contract.They are stipulated in the contract or agreement itself, and provide an incentive for the party subject to them to abide by the agreement.