Termination of Employment: What Employers and Employees Need to Know
Termination of employment is always a sensitive issue – for both employers and employees. Understanding the ways in which an employment contract can be terminated helps make the process clearer and avoids unnecessary misunderstandings.
Below we explain the two most common ways of ending employment: mutual agreement and resignation by the employee.
MUTUAL TERMINATION OF EMPLOYMENT CONTRACT
Mutual termination is the simplest way to end employment, as it is based on an agreement between the employee and the employer. Both parties agree to terminate the employment relationship, making the process faster and less stressful.
KEY POINTS OF MUTUAL TERMINATION:
RESIGNATION BY THE EMPLOYEE
Resignation occurs when the employee independently decides to terminate the employment contract.
KEY POINTS OF RESIGNATION:
Regardless of whether it is a mutual termination or a resignation, it is important to follow the legal procedures. This protects both employer and employee and ensures the process runs smoothly without unnecessary complications.