Types of Employee Separations

Voluntary Separations

    • Quits or Resignations

    • Voluntary Retirements System [VRS]

Involuntary Separations

    • Dismissal

    • Retrenchments

    • Layoff

    • Right sizing

    • Retirement

A vacated or unfilled job within an organization results in tangible, measurable costs as well as intangible costs. The intangible costs include the uncompensated increased workloads other employees assume during the vacancy, the added stress and tension during and after the turnover, declining employee morale, and decreased work group synergy.

Employee Separations

Employee separations

Types of Employee Separations

Retirement Pension plans in India

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