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Resignation, retirement and termination are different Terms

Resignation is the term used when employee is leaving the organization for any reasons which may include better opportunity or any other personal reasons. Retirement is the bereavement of employee as per industrial standards which happen at the age of 55-60 years of the employee.

Depending on how large your company is, you could be dealing with employee resignations on a weekly basis or more often. In this article, we will discuss ways to develop a consistent employee exit procedure so employees, managers, HR representatives, and IT specialists know what needs to be done for a successful transition.

Resignation is a voluntary act initiated by the employee to terminate employment with Organization. Any employee leaving the organization should address his letter of resignation in writing to the immediate Superior. Organization request at least a month written notice of resignation from employees.

Employees resign for many different reasons, such as a job offer at another company for more pay or better benefits, a move to another state or country, retirement, or the pursuit of a lifelong dream to be a puppeteer (okay, maybe that one is less likely).

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