In every business, employers want to make sure that their employees understand that the company can terminate their employment in the event they do anything that could either harm the company and its employees, or if they continuously fail to meet the standards and expectations of the company.
However, employers also want to make sure that they are able to terminate these employees without being charged with unfair termination or any other charges that could lead to a lawsuit. That’s why it’s important for employers to create an employee termination agreement form, and this article is going to teach you how to do just that.
If you’re going to create this type of document, then you have to write it to be as detailed as possible so that you can point out that you and your company have every right to terminate an employee. Because as mentioned earlier, failure to do so can result in legal consequences that could very well jeopardize your business. So, if you’re going to come up with a termination agreement, then you have to make sure that you provide the following information:
As it states, this is where you provide all basic information about the employee whom you wish to go through and read the termination agreement. This would mean that you’re going to have to provide the employee’s name, the name of the company that he/she will be working for, and the employee’s position and possibly his/her job description. You want to be as detailed as possible as well as make sure that there are no errors with any of the information in this section to ensure that it’s the right person who will sign the sample agreement.
It’s obvious that you will not be able to terminate any employee unless there are plausible and justifiable reasons to do so. Just like with the previous section, you want to make sure that you’re as specific as possible when pointing out on what grounds an employee can be put up for termination. If you miss out in mentioning even one little problem in the document, then you will not be able to fire an employee for the particular reason that you did not point out in the document unless you would like to face certain charges. So, here are some examples that you can place as valid reasons for termination:
This is very important as you do not want the employee to leave with any property that belongs to the company. You will have to state in your termination agreement that any company property that the employee has been assigned to or ones which will be in the possession of the employee must be returned immediately should the employee ever be terminated by the company. You have to make sure that you are very clear on this as you do not want the terminated employee to have any access to the establishment or to important company files. If you would like, you can be specific by making a statement such as “these include, but are not limited to, the following…” where you then provide multiple examples of the different types of company property that may be in the possession of the employee. You may also like sample employment agreements.
If the employee has accrued any vacation time, then chances are that you are going to have to pay for any that the employee has accrued. However, the law and the employee’s position may change this. If the employee is working part-time or if this person is just a contractor, they may not have to pay out any unused vacation or sick leaves. Just make sure that you go through your country’s laws in regards to this particular issue. You may also like employment agreement templates.
State that the employee will be paid what he/she is owed by the company. Also, state the methods in which the employee will be paid and he/she can expect how to receive it in the event of termination.
You want to make sure that the employee understands that when he/she is fired, there’s still the matter of the health insurance and other benefits that have to be dealt with. You’re going to have to provide a clear outline should the employee be employed long enough to receive these benefits, and how they are going to continue and when they are going to run out when the employee is terminated. You may also like agreement forms in pdf.
Of course, you can’t just fire an employee before knowing what he/she has done both in and out of the workplace. And also, you can only fire employees if the problem is big enough to actually endanger the company. There is always a way to deal with problems and you want to point out the consequences that the employee will face will entirely depend on the severity of the situation.
Every company has to give their employees the benefit of the doubt. Because what if the employee had not shown up for work, but only because of a tragic incident within the family that involves death? Provide the sample statement that an employee may provide ample reason and evidence should they break particular policies within the company and that they will be pardoned if they are all sound.
If you would like to know more on this particular topic or anything related to it, then all you have to do is go through any of our available articles until you are able to find the information that can help you and your business out. You may also like printable agreement forms.