2(i)

Question 1

Termination

Answer 1

Termination is the process whereby a business ends its employment contract with an employee.

Question 2

Retirement

Answer 2

Retirement involves an individual deciding to leave the workforce permanently as they no longer wish to work.

Question 3

Redundancy

Answer 3

Redundancy involves an employee no longer working for a business because there is insufficient work or their job no longer exists.

Question 4

Resignation

Answer 4

Resignation involves an employee voluntarily terminating their own employment, usually to take another job position elsewhere.

Question 5

Dismissal

Answer 5

Dismissal involves the involuntary termination of an employee who fails to meet required work standards or displays unacceptable or unlawful behaviour.

Question 6

Entitlement considerations

Answer 6

Entitlement considerations are legal obligations an employer owes to its employees following the termination of their employment contract.

• annual leave
• justifiable reason to fire
• notice of termination

Question 7

Transition considerations

Answer 7

Transition considerations are social and ethical practices that a manager can consider implementing when terminating employment.

• provide networking for employees
• providing flexible work hours whilst they find a job
• proving training