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  2. Termination of employment - Wikipedia

    en.wikipedia.org/wiki/Termination_of_employment

    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 ...

  3. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    It is stated in ESA's Guide Wrongful dismissal section: "The rules under the ESA about termination and severance of employment are minimum requirements. Some employees may have rights under the common law that are greater than the rights to notice of termination (or termination pay) and severance pay under the ESA.

  4. Option fee - Wikipedia

    en.wikipedia.org/wiki/Option_fee

    The termination option paragraph of the contract gives a potential buyer, in return for paying an "option fee" to the seller, the unrestricted right to terminate the contract by giving notice of termination to the seller within a certain number of days after the effective date of the negotiated contract.

  5. Loudermill hearing - Wikipedia

    en.wikipedia.org/wiki/Loudermill_hearing

    Prior to the hearing, the employee must be given a Loudermill letter–i.e. specific written notice of the charges and an explanation of the employer's evidence so that the employee can provide a meaningful response and an opportunity to correct factual mistakes in the investigation and to address the type of discipline being considered.

  6. Termination for convenience - Wikipedia

    en.wikipedia.org/wiki/Termination_for_convenience

    A termination for convenience clause, or "T for C" clause, [1] enables a party to a contract to bring the contract to an end without the need to establish that the other party is in default, for example because the client party's needs have changed, or in order to arrange for another party to complete the contract.

  7. Loudermill letter - Wikipedia

    en.wikipedia.org/wiki/Loudermill_letter

    According to Cleveland Bd. of Educ. v. Loudermill, the process that is due a public employee includes a pre-termination hearing that provides "oral or written notice of the charges against him, an explanation of the employer's evidence, and an opportunity to present his side of the story." The Loudermill letter fulfills the requirement of ...

  8. Just cause (employment law) - Wikipedia

    en.wikipedia.org/wiki/Just_cause_(employment_law)

    Just cause is a common standard in employment law, as a form of job security. When a person is terminated for just cause, it means that they have been terminated for misconduct, or another sufficient reason. [1] A person terminated for just cause is generally not entitled to notice severance, nor unemployment benefits depending on local laws. [2]

  9. Pay in lieu of notice - Wikipedia

    en.wikipedia.org/wiki/Pay_in_lieu_of_notice

    "PILON" redirects here. For other uses, see Pilon. In United Kingdom labour law, payment in lieu of notice, or PILON, is a payment made to employees by an employer for a notice period that they have been told by the employer that they do not have to work. Employees dismissed for gross misconduct are not entitled to be paid their notice, unless stated otherwise within Terms and Conditions of ...

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