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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

    For instance, under the Age Discrimination in Employment Act (ADEA), employees over the age of forty (40) are entitled to 21 days to review and sign their severance offer. [4] If an employer requires an employee over 40 to review and sign a severance offer in less than the compliant 21 days, they must allow employees more time to review. [5]

  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/laid-off-means-next-180811256.html

    Up to 40% of Americans were laid off at least once in their lifetime. In 2009, 2.10 million Americans experienced layoffs due to the housing market crash. At the start of the pandemic in 2020, 4.6 ...

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  7. Collective bargaining - Wikipedia

    en.wikipedia.org/wiki/Collective_bargaining

    The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. A collective agreement reached by these negotiations functions as a labour contract between an employer and one or more unions, and typically establishes terms regarding wage scales, working hours, training, health and safety ...

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