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  2. Termination of employment - Wikipedia

    en.wikipedia.org/wiki/Termination_of_employment

    Termination of employment or separation of employment is an employee's departure from a job and the end of an employee's duration with an employer. Termination may be voluntary on the employee's part ( resignation ), or it may be at the hands of the employer, often in the form of dismissal (firing) or a layoff .

  3. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    Instead it is a matter of agreement between employers and employees. Severance agreements, among other things, could prevent an employee from working for a competitor and waive any right to pursue a legal claim against the former employer. Also, an employee may be giving up the right to seek unemployment compensation. An employment attorney may ...

  4. Employee offboarding - Wikipedia

    en.wikipedia.org/wiki/Employee_offboarding

    Employee offboarding describes the separation process when an employee leaves a company. The offboarding process might involve a phased transfer of knowledge from the departing employee to a new or existing employee; an exit interview; return of any company property; and various processes from the company's human resources, information technology, or legal functions.

  5. Laid Off: What It Means and What To Do Next - AOL

    www.aol.com/finance/laid-off-means-next...

    Companies usually announce their decision to lay off employees before they execute, giving you some time to plan your next steps. ... 4.6 million people experienced job separation.

  6. Verizon offers separation plans to thousands of management ...

    www.aol.com/news/verizon-offers-separation-plans...

    "It is a voluntary plan and offers employees three weeks' pay for every year of service," Verizon spokesman Jim Gerace said, without providing details on the number of employees who would be ...

  7. Layoff - Wikipedia

    en.wikipedia.org/wiki/Layoff

    Packages may also vary if the employee is laid off, or voluntarily quits in the face of a layoff (VRIF). The method of separation may have an effect on a former employee's ability to collect whatever form of unemployment compensation might be available in their jurisdiction. In many U.S. states, workers who are laid off can file an unemployment ...

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